By Tina Morrison Sept. 4 (BusinessDesk) - Auckland house prices have stabilised following a rapid increase in the first quarter of this year, as more properties are listed, according to Barfoot Thompson, the city's biggest realtor. The average sale price slipped 1 percent to $647,647 in August from July and is 0.4 percent lower than June, the firm said. The median price in August fell 4 percent to $561,500 from July and is 4.8 percent down from June. New listings rose 4.5 percent in August, making Read more [...]

Just in time for the start of the busy fall house-hunting season, Fleming, 33, has launched a relatively new concept in Toronto real estate, a virtual office website (VOW.) There, through a weekly video segment called Pick 5, he offers up his take on a handful of properties he thinks are worth a look, or at least a laugh, that week.

Hans Rausing is preparing to return to the house but wants to erase the memory of her death by turning it into a super-home.The troubled billionaire, 49, is to build a mammoth underground development, complete with swimming pool, plunge pool, cinema and gym, at his already sprawling mansion.The mega-cellar, which will be two levels deep, will also include a lift, cigar room, laundry, wine store and plant room with rain water harvesting tank. Big plans: the basement would have a gym, pool and cinema Rausing’s Read more [...]