It’s a flipping frenzy in Auckland

An interesting new trend is being reported in New York, with resi developers increasingly designing their luxury schemes to appeal to tweens and teens.

"The entire developed property universe" is worth roughly US$217tr, with residential real estate accounting for the lion's share, according to some sums by Savills; that's around 2.

New-build apartment sales in Manhattan "are poised to reach a level not seen since last decade’s boom cycle by 2018", says New York brokerage CityRealty, as condominium development activity in the best…