Northwood Cambridge’s Post

Market Update: CREA Cuts Housing Market Forecast for 2024 Despite a rise in June sales, the Canadian Real Estate Association (CREA) has revised its housing market forecast for 2024, projecting a slower growth rate. This adjustment reflects the evolving market dynamics and economic conditions impacting the real estate sector. Staying informed on these trends is crucial for making strategic decisions in this ever-changing landscape. 🔗 https://lnkd.in/gkrgehaY #RealEstate #MarketTrends #CREA #HousingMarket #StCatharines #PropertyInvestment #RealEstateNews #EconomicTrends #HomeSales #RealEstateForecast #InvestmentInsights #MarketUpdate #daniel #danielpasserorealestate #realestate #remax #remaxniagara

The CSO's Residential Property Price Index rose by 8.2% in the 12 months to the end of May, compared to 7.9% in the year to the end of April - the ninth consecutive month of annual house price growth and the highest rate of increase since November of 2022.

⚡️ Housing values have shown a broad-based rise in February, with CoreLogic's national Home Value Index up 0.6%, the strongest monthly gain since October. Perth led the way with the highest rate of growth at 1.8%, followed by Adelaide, Brisbane, and regional areas of SA, WA, and Queensland. Sydney and Melbourne home values have stabilized, with Melbourne seeing a subtle 0.1% rise in February. Auction clearance rates have also bounced back, averaging in the high 60% range in February, signaling a lift in confidence. However, while the pace of gains has increased, most regions are still recording value growth below the highs of last year. Factors like affordability constraints and a cautious lending environment are likely to keep a lid on value growth in the near term. One agent locally reported 75 groups through a wallsend property, whilst many of the open homes have been hitting an average of 55 groups across Newcastle. Knowing where to start with numbers like this can be daunting, when you engage in using a buyers agent, they can educate you through the process and relieve the stress of the unknown and support you in securing your next property.

🏡 Quick Housing Market Update Curious about the #housingmarket? Fresh September insights from 200 Propertymark accredited agents show a steady climb in UK house prices to £290,000. 📈 Meanwhile, in the rental sector, the ongoing imbalance has pushed rents up by 8.4% annually in England, highlighting serious affordability challenges. Interest in buying remains strong, but we're noticing increased buyer caution. What could this mean for the market as we head towards 2025? 🤔👇 https://bit.ly/3CXsR40

🇱🇺 🏠 Surging #interestrates have caused significant turbulence in #Luxembourg's real estate market, cutting off many prospective buyers, while sellers find themselves at odds with a depressed market characterised by heightened uncertainty. Check out Delano's #realestate & #housing calculations 👇 https://lnkd.in/eaKj5u_r

𝗚𝗿𝗲𝗮𝘁 𝗻𝗲𝘄𝘀 𝗳𝗼𝗿 𝗣𝗲𝗿𝘁𝗵 𝗵𝗼𝗺𝗲𝗼𝘄𝗻𝗲𝗿𝘀 - 𝗵𝗼𝘂𝘀𝗲 𝗽𝗿𝗶𝗰𝗲𝘀 𝗮𝗿𝗲 𝗼𝗻 𝘁𝗵𝗲 𝗿𝗶𝘀𝗲!🏡 The December quarter saw the biggest jump in prices for #Perth compared to other cities in Australia. ️ Despite the increase, Perth remains one of the most affordable places to buy a home in the country. Looking to rent? Perth boasts some of the lowest vacancy rates in Australia, making it a fantastic opportunity for investors to secure a high-yielding property. Thinking about investing in Perth? Contact Koala Invest today! Our team of experienced property experts can help you navigate the market and find the perfect property to suit your needs. Read more: https://lnkd.in/grhh7PMg Source: https://reiwa.com.au/ #PerthPropertyBoom #PerthInvestor #AffordableHomes #LowVacancyRates #HighYieldInvestment #PropertyMarket #KoalaInvest #InvestInPerth

The latest property data is out, and while it is still showing tight market conditions for renters with low vacancy rates and rising rents, there are certainly opportunities for investors…if you are looking in the right place. 👀 Take a look at our wrap-up of data in our latest video: https://lnkd.in/gFYySCZr #propertydata #propertynews #investinginproperty

Property prices reach another record high

Real estate update: NJ home prices and housing inventory continued to increase in July Contact me to discuss the latest scoop in real estate! #NJLuxuryRealtor #NJLuxuryHomes #RealEstateForSale #NJRealEstate #RealEstateExpert #LuxuryRealtor #ListingAgent #NJrealtor #BuyerAgent

London house price growth slows while rents record greatest increase since 2013: https://lnkd.in/eTCjzp_R 📍 Find Us @WestcleanUK: https://lnkd.in/erfNMvHu #cleaningservices #facilitiesmanagement #propertymanager #commercialcleaning #property #housingmarket #professionalcleaning