According to SQM Research, there are about 102,000 more residential properties on the market than this time last year. Data from RP Data also show that property prices rose just 0.2 percent in December 2010, after a 0.1 percent decline in November 2010.
Now is a fantastic time to be saving for a home. Unlike in the past 10 years, when property prices rose faster than you could save, in the next few years prices may actually fall. open up a First Home Saver Account (FHSA), so you can get a 22.5 percent return on your savings (plus, your earnings are taxed at 15 percent, rather than your marginal rate).
Now is a fantastic time to be saving for a home. Unlike in the past 10 years, when property prices rose faster than you could save, in the next few years prices may actually fall. open up a First Home Saver Account (FHSA), so you can get a 22.5 percent return on your savings (plus, your earnings are taxed at 15 percent, rather than your marginal rate).
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