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Beyond Solar Power, Steps Buyers Must Take to Mitigate the Risks of Climate Change
“People really underestimate how dangerous it is and how much worse it will get.” Read More
BY THE NUMBERS
TRENDING TODAY
LISTING OF THE DAY
On New Zealand’s North Island, This Contemporary Home Could Set Local Records
The property is within an exclusive gates estate in the region of Taranaki. Read More
NEIGHBORHOOD NOTES
Windsor: The Queen’s Residence and England’s Jewel in the Crown
The town is just a short trip from London and a hotbed of period homes. Read More
NEWS BITES
Modern Home Built Around 200-Year-Old Cottage Outside Sydney Lists for A$3.5 Million
A 200-year-old cottage outside of Sydney that has been reimagined as a modern home was listed this week for A$3.5 million (US$2.4 million). Historically known as Adey Estate, the home is in the suburb of Castle Hill, and was likely a farm or orchard in the past. The design combined elements of the stone cottage with modern architecture. It now boasts five bedrooms, a billiards room, a cave bar and a three-car garage. “It’s got a real wow-factor to it; there’s an awesome cellar under the house and it’s perfect for buyers looking to entertain their guests,” said Steve Ford of LJ Hooker Dural. realestate.com.au
Short List for Architecture’s Stirling Prize Announced
Two “ambitious” housing developments have been shortlisted for the 2022 Stirling Prize, awarded by the Royal Institute of British Architects (RIBA). Six projects made the list for the annual prize, including Orchard Gardens by Panter Hudspith Architects, a 228-unit build, and the Hackney New Primary School and 333 Kingsland Road by Henley Halebrown, which combines a 350-pupil primary school with an apartment building. Both are located in London. “As we grapple with housing, energy and climate crises, these six projects give cause for optimism, each offering innovative solutions to the challenges of today and the future,” said RIBA president Simon Allford. Dezeen
Ottawa, Canada, Homes Priced Over C$1 Million Make up 18% of Housing Market
About 18% of homes sold in Ottawa, Canada, have a price tag of more than C$1 million (US$777,393), according to Engel & Völkers’ 2022 Mid-Year Luxury Real Estate Market Report. That’s up 4% compared to 2020, with 1,378 houses and 22 condos in Ottawa selling for between $1 million and $3.99 million by June 30. Another three houses went for more than $4 million each. In addition, the “Covid buying frenzy” has pushed average home prices in the Canadian capital up 53%, the report said. CBC
Prices for Private Homes in Singapore Rose 3.5% in the Second Quarter, but Headwinds Are on the Horizon
Private home prices in Singapore were up 3.5% in the second quarter, a 0.7% increase compared to the first three months of the year, according to the country’s Urban Redevelopment Authority. Some buyers are likely looking to secure mortgage rates ahead of further hikes, according to Tricia Song, CBRE’s head of research for Southeast Asia. Inventory issues have also created a bump in prices, but that may end as more projects come online. The Straits Times
AROUND NEWS CORP
A Montecito Home With Views of the Santa Ynez Mountains Asks $22.5 Million [The Wall Street Journal]
Actor Aaron Paul Selling Fabulous Midcentury Modern Home in Idaho [Realtor.com]
What ‘Average’ $5K NYC Rent Gets You Now vs. Last Year—the Difference Is Shocking [New York Post]
The Risks of Playing Games With Agents [news.com.au]
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