AGP Executive Report
Last update: 3 hours agoHousing Markets: Australia’s home prices fell for a seventh straight month, the steepest slide in 40 years, while U.S. buyer demand hit a record low and prices fell year over year for the first time in three years. Shanghai moved the other way, with resale sales reaching a six-year October high; Seoul sales remained sluggish. Canada: Fraser Valley stayed a buyer’s market in October, with sales down 6% year over year and the benchmark home price at $860,000, down 6.4%. Affordability: In Southern California, typical rent was $2,860 a month versus an estimated $4,940 to own a condo, with the gap doubling over a decade. Property & Investment: Milwaukee’s Art Deco Gas Light Building is back on the market after a $4 million foreclosure sale, pitched for residential conversion. India’s land-monetisation agency is targeting ₹15,000 crore in public-sector land sales in FY27. Broker Tech: Homesage.ai launched a tool letting AI agents query data on more than 160 million U.S. properties, including values, renovation costs and rental estimates.
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