House prices in New Zealand fall at same rate for three consecutive months – CoreLogic NZ
PHOTO: House prices are falling month by month. FILE Property prices have continued to fall at the same rate of decline for three consecutive […]
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World’s ‘frothiest’ housing market (NEW ZEALAND) cools in global warning signal
PHOTO: NZ housing market. FILE New Zealand’s home sales and prices are tumbling, providing a glimpse of what may unfold elsewhere. New Zealand’s housing […]
How this house was built in 13 hours
PHOTO: Flexi House in Central Otago, Cromwell. Photo: Flexi House It took just 13 hours for a Wellington company to build a weather-tight home from the […]
Government announces changes to KiwiBuild
PHOTO: KiwiBuild. FILE Changes to the KiwiBuild price caps The Government has increased the price caps to reflect the current housing market and encourage the delivery […]
Perfect time for new real estate franchise – C21NZ
PHOTO: Century 21 “For experienced real estate agents and businesspeople this is the perfect time in the property cycle to punch out on your […]
SHOCK: Average asking price drops $24,500 in just four weeks | TRADE ME
PHOTO: Asking prices for houses in NZ are falling at an alarming rate. FILE Newly-released figures from Trade Me have revealed New Zealand is […]
EXP Realty’s New Zealand head Maria Stephens says DON’T sell now
PHOTO: EXP Realty’s New Zealand head Maria Stephens According to STUFF Wellington homeowners wanting to maximise their sale price should avoid investing in renovations […]
Property prices see largest drop on record
PHOTO: Trade Me Property The national average asking price for a property saw a record-breaking drop in June, falling 3 per cent, or $24,550, […]
New kiwi Property TV Show: RICH LISTERS
PHOTO: The agents line up behind Paula Bennett in the advertising for the show, which is set to air on Bravo later this year. […]
INTEREST RATES BITE: Property sales down 38% on year ago, 43% in Auckland
PHOTO: NZ’s residential real estate market is taking a hammering. FILE The housing market’s slowdown is more pronounced with the growth in prices slowing […]
REINZ: Annual median price increases | June 2022 (FULL REPORT)
PHOTO: Jen Baird, Chief Executive at REINZ The New Zealand median price increased 4.2% annually in June, from $816,000 in June 2021 to $850,000 […]
House prices nationally drop 3.4%
PHOTO: NZ house prices. FILE The correction in house prices is settling in, as the market continues to cool from rising interest rates and […]
REDEMPTION: The Block NZ | 2022 is almost here
PHOTO: The Block NZ | 2022 The Block NZ: Redemption Get ready Block-a-holics! It’s a season like no other. In a first for The Block […]
‘A renters’ market’: Warning issued for NZ landlords
PHOTO: For Rent. FILE Property managers say the rental market has suddenly changed and tenants are in the driver’s seat. Trade Me figures show […]
Property values fall nationally | CORELOGIC NZ
PHOTO: CoreLogic NZ report. Downturn sets in with a hat-trick of -0.8% property value falls nationally CoreLogic’s House Price Index (HPI), which is the […]
A landlord called his tenant ‘ugly’. Now he owes her thousands of dollars
PHOTO: New Zealand landlord Ravi Jha rented out an illegal one-bedroom dwelling. FILE Joahnna moved in because the property was close to work. By […]
Is New Zealand housing a sign of things to come for Australia?
PHOTO: New Zealand housing market. FILE (Auckland, NZ) When it comes to nations comparable to Australia, there is arguably no closer candidate than that […]
Auckland median sales price UP in June
PHOTO: Barfoot & Thompson The median price paid for Auckland residential houses defied expectations in June and rather than falling, increased by 2 percent […]
Nationwide property values are falling | REPORT
PHOTO: OneRoof The house price gains of 2021 are in danger of being wiped out, with the latest figures from the OneRoof-Valocity House Value […]
The New Zealand Property Report – June 2022 | realestate.co.nz
PHOTO: Vanessa Williams, spokesperson for realestate.co.nz In contrast to skyrocketing average asking prices and stock shortages of the COVID-19 era, the New Zealand market […]
Rents are dropping – more rentals available | Trade Me
PHOTO: Rental property. FILE The number of properties listed for rent in New Zealand reached an all-time high last month, according to Trade Me’s […]
Half of New Zealand suburbs now declining in value
PHOTO: CoreLogic NZ’s Chief Property Economist Kelvin Davidson Evidence of Aotearoa’s housing market downturn is becoming more widespread, with 486 suburbs recording a fall […]
Fan favourites return for another chance in The Block NZ: Redemption
PHOTO: The Block NZ: Redemption. Which pair can redeem themselves and take out the big auction win? Photo credit: Supplied Warner Bros. Discovery can […]
Selling a home requires a new approach in the current ‘cool’ market
PHOTO: House sales are taking longer. FILE The city of Hamilton currently has around five months of housing stock listed for sale on the […]
Grand Designs NZ penthouse for sale
PHOTO: Bridget and Steve Varney spent 12 months planning and 18 months building their apartment. Photo / Supplied According to ONEROOF a penthouse that […]
Former bankrupt property tycoon and TV star Terry Serepisos back in business
PHOTO: Beauty queen turned real estate agent Paula Muollo & Terry Serepisos. FILE Terry Serepisos, who starred in television show The Apprentice New Zealand, […]
House prices drop | REINZ
PHOTO: REINZ chief executive Jen Baird House prices are falling as tighter credit conditions, higher mortgage rates and increased housing supply impact the market. […]
Empty viewings and cheaper rent: Flat hunting in 2022
PHOTO: Renting is starting to get easier in NZ – slowly. FILE I never thought the day would come when several property agents would […]
NEW HOUSING CRISIS: Asking prices down 2 percent in just a month, largest-ever drop
PHOTO: NZ house asking prices take a dive. House prices have decreased in the past month, with the average home dropping in price by […]
AWARDS: Century 21 names its biggest stars
PHOTO: Century 21 NZ Annual Awards Century 21 New Zealand has named its real estate stars for 2021, following the company hosting its Annual […]
New Zealand house prices see a record-breaking drop
PHOTO: Trade Me Property The national average asking price for a property saw the largest month-on-month drop on record in May (down 2%), while […]
‘Buyers take the upper hand’: House prices fall as NZ passes ‘value peak’ of market cycle
PHOTO: NZ house prices fall. GETTY House prices have fallen back to the same levels as November 2021, as rising interest rates and credit […]
June 2022 Property Report | homes.co.nz
PHOTO: homes.co.nz 2022 has seen a change in the New Zealand property market. Prices are softening across most of the country, sales volumes are […]
‘Dropping $50K a week’: Prices slashed on thousands of listings
PHOTO: The New Zealand residential property market is under massive price pressure. FILE According to ONEROOF the prices on almost 5000 listings have been […]
Labour lead Government needs to better promote its first-home buyer support
PHOTO: First Home Grants. FILE “The Government estimates recent changes to First Home Grants and First Home Loans will help thousands more first-home buyers every year. However, […]
NZ home values – just how much have they gone up by?
PHOTO: NZ house prices. FILE The average property value in New Zealand has increased from $263,562 to $1,027,121 since December 2003, amounting to cumulative […]
HOUSING CRISIS: Cost of building a home skyrockets — and tipped to rise even further
PHOTO: Building a home in New Zealand costs a fortune. QV The average cost of building a home in New Zealand’s main centres has […]
OneRoof House Price Report – June 2022
PHOTO: NZ Property Market. FILE Property values are tumbling across the country, with house prices in most of New Zealand’s major cities suffering sharp […]
The New Zealand Property Report – May 2022 | FULL REPORT
PHOTO: realestate.co.nz Total housing stock is up nationally 77.6% year-on-year, but will this impact prices? Market continues to cool with buyers’ markets remaining in […]
Widespread fall in NZ house prices | CoreLogic
PHOTO: NZ house prices are falling. FILE CoreLogic’s House Price Index (HPI), which is the most robust measure of property value change in the […]
Property News NZ News Summary: Tuesday 31 May, 2022
PHOTO: Property Noise ENEWSLETTER Sir John Kirwan’s home for sale | NBR rich list 2022 | The Queen is set to open her first ever pub […]
12% of properties for sale on Trade Me are from PRIVATE sellers
PHOTO: Trade Me Property According to STUFF: Trade Me figures show 12% of properties listed in April were from private sellers or developers’ sales […]
Could NZ’s average house price hit $2m by 2032?
PHOTO: Property cycles have traditionally lasted 7 to 10 years, but experts warn the next period could buck the trend. Photo / Fiona Goodall […]
Official Cash Rate rise wipes out Government’s $350 cost-of-living bonus
PHOTO: The Reserve Bank has also signalled it will maintain its approach of ” briskly” lifting the OCR. GETTY The government’s $350 cost-of-living bonus […]
Rents swell to record-high prices | Trade Me
PHOTO: Rent prices continue to rise to record levels. FILE New Zealand rents reached new heights last month, with the national median weekly rent […]
How Ikea’s Sylvia Park store will look like
PHOTO: The layout for New Zealand’s first Ikea at Sylvia Park. Photo / Kiwi Property According to NEWSTALK ZB Kiwi Property Group, with $3.6 […]
Residential property resales show first sign of slowdown
PHOTO: CoreLogic NZ’s latest Pain & Gain report The resale performance of residential real estate has started to weaken, CoreLogic NZ’s latest Pain & […]
Budget 2022: Cap on First Home Loan scheme scrapped
PHOTO: First home buyers. FILE Budget 2022 puts in place an affordable housing fund, a new programme the Government said is designed to meet […]
Kiwi homes are now taking almost 3 x longer to sell
PHOTO: Many properties are being reduced in price. FILE Kiwi homes are now taking significantly longer to sell than they were 12 months ago, […]
Hutt Hospital declared a quake risk
PHOTO: The Heretaunga Block at Hutt Hospital will be cleared because it has been deemed an earthquake risk. Photo: RNZ / Dom Thomas Hutt Hospital is […]
Should some people be able to get a real estate licence?
PHOTO: Real estate agents. FILE The Real Estate Authority (REA) launched its public consultation on draft guidelines setting out how the conduct regulator assesses […]
Auckland’s most delicious accommodation? Mövenpick Hotel
PHOTO: Mövenpick Mövenpick Hotel Auckland opens its doors at 8 Customs St next week on May 16, hoping to entice sweet-toothed customers with features […]
New Zealand property prices drop sharply, will Australia follow?
PHOTO: House prices are dropping in New Zealand. Squirrel New Zealand’s median house price has fallen 5.4% since November, according to the latest data. […]
New Motel owners have been trading for MONTHS yet previous owners still haven’t been paid
PHOTO: Ika Nui Motel Taupo Taupo Ika Nui Resort, Taupō – was sold to Prime Hotel Group with takeover 10 December, 2021. Owners of […]
Why Simon Cowell’s grand London home is rarely pictured
PHOTO: Simon Cowell & fiancée Lauren Silverman. 2019 in London, England. (Karwai Tang/WireImage) Simon Cowell, 62, has an impressive property portfolio and his London […]
Real estate agents in legal fight over ‘humiliating’ all-staff email
PHOTO: Real estate agent Lauren Macpherson (RIGHT) said the email left her feeling hurt, distressed, embarrassed and humiliated. Two prominent real estate agents are […]
Real estate agents in legal fight over ‘humiliating’ all-staff email
PHOTO: Real estate agent Lauren Macpherson (RIGHT) said the email left her feeling hurt, distressed, embarrassed and humiliated. Two prominent real estate agents are […]
ANZ hikes deposit requirements on new builds by 5%
PHOTO: ANZ FILE According to ONEROOF the country’s largest bank is hiking the deposit required for new builds in a move financial advisers say […]
One of the oldest bars in Auckland is celebrating its 125th Anniversary
PHOTO: The Shakespeare Hotel has been subject to inner city construction works. Photo: Photo /Jordan Bond The historic Shakespeare Hotel, Restaurant and Bar in Albert Street […]
Private investment worth $1.5b aiming to rejuvenate Tauranga | WATCH
PHOTO: Over the next eight years, $1.5 billion will be injected in an attempt to rejuvenate our fastest growing city. FILE Plans to rejuvenate […]
Auckland agent on how real estate saved her life
PHOTO: Real estate office. FILE SOURCE: ONEROOF “I left hospital with drains taped to my body. For weeks, I wore voluminous dresses to disguise […]
A decade of savings still isn’t enough for most first home buyers | WATCH
PHOTO: First home buyers While house prices are expected to fall nationally as interest rates continue to rise, that won’t necessarily improve the plight […]
NEW HOUSING CRISIS: Mortgage rate surge could force 20 percent drop in house prices – ASB
PHOTO: Property crash. FILE ASB says Aotearoa’s housing market could expect a “modest” decline in house prices until the middle of next year. In […]
One Agency: Wheelchair-friendly property initiative
PHOTO: One Agency Founder and CEO Paul Davies One Agency has started identifying which of its for-sale and for-rent properties are wheelchair-friendly, to make […]
Bachelor bad-girl’s $2m glamour pad revealed
PHOTO: Abbie Chatfield Byron Bay based influencer, Abbie Chatfield has bought a bolthole back in Sydney. Her $1,758,000 buy in Tamarama looks a savvy […]
Real estate agency BOSS issues first-home buyer caution
PHOTO: First homebuyers. FILE Press Release: Lodge Real Estate As property sales plummet by 32.5 percent and first home buyers move from a fear of […]
Elle Macpherson looks to make a MASSIVE profit on mansion sale
PHOTO: Elle Macpherson. NY TIMES The supermodel and entrepreneur paid $8.1 million for the property in 2018 Support independent Australian news aggregation It is […]
Economist warns house-sellers will need to adjust price expectations
PHOTO: Brad Olsen Infometrics principal economist Brad Olsen warns those who are thinking of selling their homes might have to reevaluate how much they […]
Call for govt to incentivise build-to-rent developments
PHOTO: RNZ / Nate McKinnon An advocate for build-to-rent apartment complexes is urging the government to offer incentives in next week’s Budget to support […]
Activity lightens but not a buyers’ market yet
PHOTO: Tim Kearins, Owner of Century 21 New Zealand “These latest figures confirm we’ve re-entered a more balanced and calmer market. Importantly, house prices […]
Property sales DOWN 31.7% | REINZ
PHOTO: Jen Baird, Chief Executive of REINZ April shows a further slowdown in sales activity, more moderate price growth and, as properties stay on […]
REVEALED: How many properties each New Zealand MP owns | FULL LIST
PHOTO: Jacinda Ardern. FILE GETTY The full list of how many properties New Zealand MPs own has been revealed for the year – and […]
Town the ‘size of Napier’ approved for south of Auckland
PHOTO: An aerial photo of the 95 hectares Kiwi Property has been given approval to rezone. It runs along the boundary with Brookfield Rd […]
Kaley Cuoco nabs Twilight star’s estate
PHOTO: Kaley Cuoco. MAXIM Big Bang Theory and ‘The Flight Attendant’ star Kaley Cuoco has found herself a new home in California for $7.5 […]
Husband of conwoman Melissa Caddick continues fight for cut of multimillion dollar home | WATCH
PHOTO: The home of fraudster Melissa Caddick which she bought for $6.2 million in 2014 is due to hit the market in coming weeks. […]
NRL star Benji Marshall and wife Zoe secure new $4.75 million Sydney family home
PHOTO: Benji Marshall and his wife Zoe. Getty Images NRL legend Benji Marshall and his wife Zoe have quietly secured a new Sydney home […]
Head of real estate agency spoofed in online billboards says they are ‘hilarious’
PHOTO: Billboard SPOOF. TWITTER @alannairving According to STUFF the head of a Wellington-based real estate agency spoofed in an online billboard campaign says he finds […]
Queensland homebuyers lose out on $25k grant due to satellite images
PHOTO: HomeBuilder grant Queensland disability support worker Melissa Bloomfield scrimped and saved for years to try to buy her first home. In September 2020, she […]
IT’S HERE: The fastest-growing global real estate company has expanded into New Zealand
PHOTO: eXp Realty® BELLINGHAM, Wash., May 09, 2022 (GLOBE NEWSWIRE) — eXp Realty®, the fastest-growing global real estate brokerage and the core subsidiary of eXp […]
National Housing Market Update | May 2022 (WATCH)
PHOTO: Watch the latest Housing Market Update across Australia. The housing and economic data is derived from the CoreLogic Hedonic Home Value Index for […]
‘Significant correction under way’ – Who will be hit hardest by house price falls?
PHOTO: Economist Tony Alexander explains who will face the biggest impact from house price changes. According to NZHERALD Westpac last week predicted that house […]
Average NZ house value plummets. How LOW will they go?
PHOTO: CoreLogic unveiled its quarterly property market and economic update in late April. Image – Getty Images The value of the average New Zealand […]
‘Give us all a break’ – Plea from residents over Transmission Gully noise | WATCH
PHOTO: Loud clunking’ from Transmission Gully bridge angers nearby Takapu Valley residents Residents in the rural Wellington suburb of Takapu Valley say they’re being […]
Large construction company goes into liquidation
PHOTO: Armstrong Downes Commercial. FILE A large Wellington commercial construction company has gone into liquidation. Liquidators, Grant Thornton, have been appointed today to Armstrong Downes […]
Tide turning on the property market | realestate.co.nz
PHOTO: Vanessa Williams, spokesperson for realestate.co.nz Main centres leading the trend Real-time data from realestate.co.nz shows that the tables are turning on New Zealand’s […]
New website shows Kiwis whether their home is at risk from sea level rises
PHOTO: Sea level rises Scientists have released a new website which allows Kiwis to check whether their home is at risk from sea level […]
How the bank of mum and dad became NZ’s 5th biggest home loan lender
PHOTO: Mum and dads are providing $22.6 billion worth of help, more than Kiwibank and TSB combined. FILE The so-called ‘bank of mum and […]
More than 100 office workers have vacated the Meridian Building
PHOTO: Meridan Energy Wellington. Photo: RNZ / Alexander Robertson The building was designed to be 100 percent or above the New Building Standard but its owner, […]
“Mortgage earthquake” erupts under New Zealand’s housing market
PHOTO: Mortgage costs in NZ are about to skyrocket. FILE Over the past year, New Zealand’s floating and fixed mortgage rates have risen sharply, […]
CoreLogic NZ: Long-awaited property market slowdown is HERE
PHOTO: CoreLogic NZ Higher interest rates, lower sales volumes, and flatter house prices are forecast for the rest of the year after a weak […]
HOUSING CRISIS: Rents follow inflation’s lead and SKYROCKET
PHOTO: For rent. FILE The national median weekly rent jumped 7 per cent year-on-year to reach $575 in March, matching the record-high annual inflation […]
Transmission Gully transforms busy coastal towns into quiet settlements
PHOTO: The town of Paekākāriki now sits alongside a quiet state highway. Photo: RNZ / Rosie Gordon Towns north of Wellington that were once thoroughfares for […]
Number of properties for sale reached a record high
PHOTO: Trade Me Property Property supply reaches new record while demand jumps The number of properties for sale reached a record high in several […]
Century 21 AWARDS
PHOTO: Century 21 New Zealand Century 21 Gadsby Realty in Te Awamutu has won several key awards for Century 21 New Zealand’s first quarter of 2022. “Our […]
100-Year-Old New Zealand mansion lists for $9 Million
PHOTO: Known as Box Hill, the Neo Georgian-style abode is also significant because it was built for local luminary Robert Barnes Gibbons. One of […]
‘It’s been busier than Christmas’ – bach bookings boosted over Easter
PHOTO: Typical New Zealand bach. File image Photo: 123RF Bach bookings over Easter were higher than they’ve been in years, as holiday makers took the opportunity […]
What you need to know about living off grid
PHOTO: Rakino Island. FILE A guide for those dreaming of self-sufficiency and living remotely. If you’re inspired by the growing numbers of people living […]
New Zealand house prices are starting to fall – but many buyers remain locked out
PHOTO: New Zealand house prices have undergone their biggest quarterly drop in a decade. FILE Some economists are predicting a 10% decrease over the […]
Building industry in crisis as wait times soar | WATCH
PHOTO: Construction Crisis. FILE ABS data shows more houses than ever are being built, but labour shortages and rising costs have added to an […]
Queenstown lodge sells for more than $25m
PHOTO: An artist’s impression of the luxury lodge in Queenstown that recently sold for a record $25.75m. Photo / Supplied According to ONEROOF a […]
Air rights for sale with apartment
PHOTO: Agent Rhiannon East is selling fresh air. Picture: Rebecca Michael Two storeys of thin air stack more than $100,000 onto the value of […]
Sloppy builders may be contributing to building inspection delays
PHOTO: Some builders are booking inspections before the build is ready and these failures further clog up the system, the New Zealand Institute of […]
Secret council proposal to sell 10 reserves for housing revealed
PHOTO: SKYLINE: Rotorua. SUPPLIED A secret council proposal to turn 10 Rotorua reserves into housing has been revealed in documents obtained by Local Democracy […]
PGA Tour star Cameron Smith’s INSANE boat & Florida home | WATCH
PHOTO: Cameron Smith. GOLF MONTHLY Home Course is an original series produced by PGA Memes that takes you inside the homes of top PGA […]
Couple refuse offer from uber-rich neighbour | WATCH
PHOTO: Augusta National Golf Club This elderly duo continue to reject offers more than triple the price of their house after seeing the rest […]
Where military billions may spark housing market boom
PHOTO: The $38 billion commitment to military workforce expansion will see the largest recruitment drive since the Vietnam War. Picture: Getty Most regional communities […]
House prices tipped to drop in most major cities this year
PHOTO: NZ house prices. FILE House price are tipped to drop in most major cities this year, experts surveyed by the Reserve Bank of […]
‘Up the creek’: Builder blasts council over long wait for house inspections
PHOTO: Christchurch City Council’s inspection system could result in a six-month build turning into a two-year project, a builder says. Photo: 123RF Some builders are threatening […]
Candy Lane’s multi-million-dollar Mt Eden home for sale
PHOTO: Candy Lane. FILE According to ONE ROOF former Dancing With The Stars judge Candy Lane and her partner, Ricky Hancock, are quitting New […]
FULL REPORT – Residential property sales decreased 33.5% | REINZ
PHOTO: Jen Baird, Chief Executive at REINZ REINZ March data: Market consolidates at new pace, supply continues to grow and demand ease March […]
The Aussie real estate industry: Where bullying, assault and mental health issues are rife
PHOTO: Real estate agents. FILE Burnout, violence and mental health issues are plaguing this industry, with calls to stop putting money first. Warning: Distressing […]
Family-of-6 lose $300k house deposit
PHOTO: The family say they are financially ruined because their building company went bust. A Western Australian family have been left destitute after the […]
Queensland’s millionaire rows: The state’s top suburbs
PHOTO: The Gold Coast, Queensland They’ve long housed the lion’s share of lavish Queensland homes but now, after 24 months of exponential growth, medians […]
Former olympian starts a new career with Barfoot & Thompson
PHOTO: Barfoot & Thompson. FILE Former olympian Beatrice Faumuinā has started a new career with Barfoot & Thompson in our senior management team as […]
READY FOR IT? Reserve Bank goes big and mortgage rates have further to rise
PHOTO: Official cash rate (OCR) lift will mean homeowners will paying more on their mortgage There was never any doubt that the official cash […]
Reserve Bank lifts OCR
PHOTO: File image: Governor of the Reserve Bank Adrian Orr. Photo: RNZ / Dom Thomas The Reserve Bank (RBNZ) has stepped up the battle against inflation […]
Real estate agent star is hot property as she wows on the cover of Maxim | WATCH
PHOTO: Christine Quinn. ESTATE agent Christine Quinn shows that she really is hot property. The 31-year-old star of Netflix show Selling Sunset shared the […]
OCR decision: How high will the Reserve Bank take the official cash rate?
PHOTO: RBNZ – The Reserve Bank of New Zealand. FILE The Reserve Bank is expected to hike the official cash rate (OCR) on Wednesday […]
AUSTRALIA: Could banning foreigners buying property end sky-high prices?
PHOTO: Booming property prices have led Canada to ban foreigners entering the market. (Source: Getty) Canada and Australia have a shared problem – property prices […]
Mortgage applications fall
PHOTO: A woman paying contactless with credit card. (Source: istock.com) Low consumer confidence and tight lending criteria are continuing to dent demand for credit, and […]
New Zealand house prices DROP | QV
PHOTO: The QV house price index New Zealand house prices have experienced their largest quarterly drop in more than a decade, with the main […]
Property market slowdown: Some may ‘come unstuck’
PHOTO: Photo: RNZ / Nate McKinnon Small-time developers or builders trying to make a buck will most likely be the ones left in the lurch […]
Rents experience MASSIVE annual increase | TRADE ME
PHOTO: Trade Me’s latest February Rental Price Index. The national median rent has experienced the largest annual increase in seven months, climbing 8.5 per […]