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Mike Hosking: Time to stop the housing hysteria

Thursday, August 16, 2018

The fact that Adrian Orr has made headlines this week for basically saying nothing, tells you all you need to know about how absent the previous Reserve Bank Governor was, when it came to engaging with the real world, and the public.I...

$1b Commercial Bay project delayed again, this time by six months

Thursday, August 16, 2018

New Zealand's largest property development, the $1 billion Commercial Bay on Auckland's waterfront, has been delayed a further six months. Precinct Properties told the NZX today of a "revised completion programme" for the project...

InterContinental revealed for Auckland, Commercial Bay development hits $1b

Thursday, August 16, 2018

NZX-listed landlord Precinct Properties plans to bring global hotel brand InterContinental to Auckland in a $298 million expansion of its now-$1 billion Commercial Bay city's waterfront project.Precinct chief executive Scott Pritchard...

Net profit! Run-down former tennis court in Queenstown fetches $1m

Thursday, August 16, 2018

A run-down former Queenstown tennis court has netted just over $1 million.The McBride St court, sandwiched between Frankton lakeside reserve and Queenstown Airport, occupies a 1012sqm section.The property has been owned for about...

How to get a $650,000 KiwiBuild-style house down to an affordable $300,000

Thursday, August 16, 2018

$650,000 for a Kiwibuild is simply unaffordable for many New ZealandersStephen Selwood looks at what's needed to get build prices down. In 1991, almost three quarters of Aucklanders owned their own home. If we were to deliver homes...

This Woman Lives in Her Childhood Dream Home

Thursday, August 16, 2018

And she's lovingly restored the home to its former glory.

Recent Commercial Real Estate Transactions

Thursday, August 16, 2018

Recent commercial real estate transactions in New York.

Living In: Battery Park City: A Resort-Like Community Built on Landfill

Thursday, August 16, 2018

Monthly expenses may be slightly higher in this landfill neighborhood than elsewhere in Manhattan, but many residents say the benefits outweigh the costs.

Lessons for real estate sector after Colliers' agents ordered to repay $800,000 to ex-client

Wednesday, August 15, 2018

A case where two Colliers International agents were ordered to pay a former client more than $800,000 is a warning signal to all working in the real estate sector, an expert says.John Waymouth, an Auckland-based barrister specialising...

Square Feet: Need a Quick Inspection of a 58-Story Tower? Send a Drone

Thursday, August 16, 2018

With their low cost and ease of handling, drones are saving money and time on big construction projects. They could also save lives.

The Guardian view on social housing: warm words are not enough | Editorial

Thursday, August 16, 2018

Theresa May’s claim to care passionately about the shortage of homes is belied by a weak new government policy prospectus

Since 2010, responsibility for housing has changed hands at a rate of roughly one new minister per year. The incumbent secretary of state, James Brokenshire, has been in his job since April. The minister of state for housing, Kit Malthouse, was shuffled into that brief in July. Meanwhile, the prime minister insists that dealing with the housing shortage is a matter of personal urgency for her; a “burning injustice” to be tackled. But the revolving-door pattern to appointments implies otherwise. As with everything that isn’t Brexit, there is insufficient will or administrative bandwidth in government to design and champion truly radical policy.

Tension between a worthy impulse and incapacity to act is expressed in the government’s social housing green paper, published this week. It is long on generous intentions and ungenerous with resources. The stated ambition is a “new deal” for tenants. This will involve beefing up regulation to “empower residents”; “tackling stigma”; making homes safer; and expanding supply.

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Sunset magazine's Idea House is back. Gather tips on indoor-outdoor living at its return in Beverly Hills

Thursday, August 16, 2018

Following a four-year hiatus, Sunset magazine is opening its latest Los Angeles-based Idea House on Saturday, a 2,700-square-foot ranch house with an emphasis on indoor-outdoor living.

The Idea House has been missed: It’s adored by design fans and D.I.Y.-ers alike, as it signals the latest in home...

21-year-old property magnate Jonathan Brownlee defends parental loan

Wednesday, August 15, 2018

A millionaire 21-year-old with 11 properties across the country has come under fire for borrowing money from his parents, but he says he could have done the same without it. Jonathan Brownlee owns 11 New Zealand properties valued...

International Real Estate: House Hunting in … Austria

Thursday, August 16, 2018

In Vienna — where unemployment and interest rates are low — the housing market is strong, especially when it comes to historic villas.

International Real Estate: Traditional Design With Modern Details

Thursday, August 16, 2018

This five-bedroom home in Vienna, built in 1884, is on the market for about $4.5 million.

What You Get: $700,000 Homes in Kansas, Florida and Texas

Thursday, August 16, 2018

A Frank Lloyd Wright-style house in Wichita, an 1894 home in St. Augustine and a midcentury-modern house in Alamo Heights.

What You Get for $700,000

Thursday, August 16, 2018

A Frank Lloyd Wright-style house in Wichita, Kan.; an 1894 home in St. Augustine, Fla.; and a midcentury-modern house in Alamo Heights, Tex.

Stand-up comic and writer Steve Bluestein puts offbeat Bel-Air abode on the market

Thursday, August 16, 2018

An off-kilter architectural home owned by comedian-playwright Steve Bluestein is for sale in the hills of Bel-Air for $1.698 million.

Designer touches blend with offbeat elements in the 2,417-square-foot floor plan. Slightly asymmetrical rooms create an array of nooks and cozy spaces that are enhanced...

Quinovic property manager ad campaign the 'actions of one franchise'

Wednesday, August 15, 2018

An ad campaign by a property management company that was slammed as "particularly shameless" was the action of one independently owned franchise, not the whole company, a local Quinovic principal says.It followed an advertisement...

London property slump puts brake on UK house price growth

Wednesday, August 15, 2018

Average price rise across UK falls to 3% as London prices and rents nosedive

UK house price growth slowed in June to the lowest annual rate in five years, driven by falling prices in London, according to official figures.

Average house prices across the country increased 3% in the year to June, down from a 3.5% gain in May, the lowest annual rate since August 2013, the Office for National Statistics (ONS) said. The average price of a UK home was £228,000 – about £6,000 higher than in June 2017 and £1,000 higher than in May.

Related: 'Brexit isn't helping' – profits dive 18% at Savills

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London property slump puts brake on UK house price growth

Wednesday, August 15, 2018

Average price rise across UK falls to 3% as London prices and rents nosedive

UK house price growth slowed in June to the lowest annual rate in five years, driven by falling prices in London, according to official figures.

Average house prices across the country increased 3% in the year to June, down from a 3.5% gain in May, the lowest annual rate since August 2013, the Office for National Statistics (ONS) said. The average price of a UK home was £228,000 – about £6,000 higher than in June 2017 and £1,000 higher than in May.

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Supermodel Elle Macpherson buys a Florida villa for $8.1 million

Thursday, August 16, 2018

The news is out that Australian supermodel Elle Macpherson pocketed a villa in Coral Gables, Fla., earlier this year for $8.1 million.

The property, set near the water about 8 miles from Miami, was sold by Eric Malka, the co-founder and chief executive of the Art of Shaving.

The home, designed...

As a social landlord, I want a proper plan to tackle homelessness | Alan Fraser

Wednesday, August 15, 2018

After a decade of cuts and plummeting staff levels, providers of housing and support want more than promises

It has been a big week for government housing announcements: the government has quietly backed down from plans to remove protection for short-term supported housing funding; has said it plans to end rough sleeping within a decade; and has announced a “new deal” for social housing tenants.

It is important to acknowledge that the government has sought to listen to the people and organisations it should be listening to when drawing up these strategies: supported housing providers, rough sleeper organisations and social housing tenants. And the plans do, broadly, tackle some of the problems. It’s helpful to hear that hostel funding will be protected, that rough sleepers will be given appropriate support, and that social housing tenants’ concerns will not be sidelined and ignored.

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Amazon opens 4.3ha Sydney base in Australian expansion

Wednesday, August 15, 2018

Amazon has announced that its second Australian store is now open, having been completed in Sydney and with a massive footprint of 4.3ha of indoor floorspace.The new centre in Moorebank has a 43,000sq m footprint, nearly double...

Tauranga house prices up 4.5 per cent

Wednesday, August 15, 2018

Tauranga house prices have jumped 4.5 per cent year-on-year, according to new data.Data released today from the Real Estate Institute of New Zealand shows the median house price in Tauranga jumped to $635,000 in July 2018 from $607,500...

NZ house prices up 6.2 pct, Auckland down 0.1 pct: REINZ

Wednesday, August 15, 2018

House prices increased in every region in July – with the one exception of Auckland, new figures reveal.National house prices rose 6.2 per cent in the July year but Auckland prices are continuing to fall slightly, down 0.1 per cent...

Living In: Living In ... Battery Park City

Wednesday, August 15, 2018

The cost of living may be slightly higher in Battery Park City than elsewhere in Manhattan, but many residents say the benefits outweigh the costs.

'Scary Movie' star Anna Faris sells her secluded home in the Hollywood Hills

Thursday, August 16, 2018

“Scary Movie” film series star Anna Faris is out of a Midcentury Modern-style home she owned through a trust in the Hollywood Hills, having sold for $2.09 million.

The 1950 one-story house, a glass-fronted pool house and a stone-surrounded swimming pool are set amid mature trees on a nearly one-acre...

Record producer Jeff Blue seeks green for party-ready project in the Hollywood Hills

Thursday, August 16, 2018

Music producer Jeff Blue, known for his collaborations with Linkin Park and Macy Gray, has put a $3.6-million price tag on his entertainer’s abode in the Hollywood Hills.

He purchased the property as a tear-down two years ago for $1.649 million, records show.

What once held a glass-clad modernist...

In the cutthroat world of reality TV, two Silver Lake neighbors are 'Making It'

Wednesday, August 15, 2018

When Los Angeles artists Billy Kheel and Robert Mahar talk about their experience on NBC’s popular craft competition “Making It,” what’s most striking is the extent to which genuine camaraderie upstages traditional reality TV elements like backstabbing.

“It was a happy and friendly experience,”...