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First home buyers at Thursday’s Harcourts Grenadier auction were frustrated at how tough the Christchurch property market was. First home buyers in Christchurch are still struggling to get on to the property ladder as added pressure from relocating Kiwis puts more heat on the market. A recent auction at Sumnervale Drive in Sumner illustrated where that pressure was coming from when an Aucklander moving to Christchurch bought a two-bedroom house for $925,000 – 62 per cent more than its rateable value (RV) of $570,000. Harcourts sales consultant Carol Williams said several first home buyers were among those bidding. Harcourts/Stuff This property at Sumnervale Drive in Sumner sold for 62 per cent above its rateable value – a trend that has been seen with other sales in the area. ....
Akron Street s Tenon Table utilises age-old woodworking technique Dezeen promotion: Brooklyn furniture brand Akron Street has launched a wooden coffee table held together by joints that require no metal hardware to assemble. Using a centuries-old woodworking technique, the solid white oak parts that comprise the Tenon Table easily slot together and hold firmly in place. The Tenon Table s structure relies on the strength of mortise and tenon joints Designed by Akron Street founders Hans Yunez and Lulu Li as part of a collection of hardwood furniture, the table s structure is based around the strength of mortise and tenon joints. To assemble, the tenons – the protruding ends of the legs – are inserted into the corresponding mortises – holes – in the table top. ....