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Your home is your sanctuary, but it’s also one of your biggest budget items. And after you retire, it may feel like more home than you need. But in this housing market, when a smaller home with upgraded features may be about as expensive as the one you’re selling, is it still smart to downsize?

In some cases, downsizing is appropriate, but not necessarily money-saving. You may be able to sell your house and buy something cheaper, but it might also make sense to downsize to move closer to family or have less house to clean.

It’s important to be

Victoria might be sweating through its hottest weekend of the year, but the property market is going to be feeling the hot for the next night.

PropTrack recorded 350 results yesterday from the 532 homes testing the market this week, down from more than 1000 slated almost every week since the start of February.

But a healthy 62 per cent clearance rate has boosted confidence ahead of the state tackling a monster two weeks ahead with more than 3400 homes scheduled to test the market.

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Indian housing market continued on the growth path with housing sales during Jan-March (Q4FY24) was highest ever. According to data from Anarock, 1,30,170 units sold during the quarter across the top 7 cities, a 14% yearly rise year-on-year.

With this the total housing sales in FY 24 reached 492,900, 30% increase from previous year.

“MMR and Pune accounted for over 51% of the total sales in the top 7 cities, with MMR recording a 24% yearly jump and Pune witnessing an over 15% yearly rise. New launches across the top 7 cities continued above the one lakh mark but witnessed

The Federal Reserve has once again hit the pause button in its war on inflation. After raising rates 11 times in 2022 and 2023, the central bank has been standing pat. Following the Fed’s March 20 meeting, its second of 2024, Chairman Jerome Powell held steady again, announcing no change in interest rates for the time being.

The Federal Reserve and the housing market

Earlier in the inflationary cycle, the Fed had enacted increases of as much as three-quarters of a point. Now that inflation is down to 3.2 percent — not too far off from its official target of