AGP Executive Report
Last update: 10 hours agoHousing Supply & Policy: Auckland’s housing density plan is being pared back for smaller centres, with density concentrated along busy transport corridors; the council’s economist warns the revised approach could mean 13% fewer homes over the next decade and slightly lower projected prices. Construction Pipeline: Streetsboro, Ohio approved the first phase of The Villas at Boulder Creek—60 townhomes—with construction set to begin soon. Social Housing Delivery: Australia’s Housing Australia Future Fund is well behind target, with less than 4% of promised social homes delivered two years into the five-year push, while waitlists keep growing. Funding & Accountability: HUD suspended $1.9bn in disaster recovery funding for the U.S. Virgin Islands Housing Finance Authority amid mismanagement findings, and the Supreme Court upheld a $33.3m Boankra port dispute ruling in favor of Justmoh Construction. Local Planning & Approvals: Louisville is considering new zoning rules to expand housing types, while Solihull councillors backed a 110-home estate despite calls to delay. Market Signals: Dubai’s office market moved into a more balanced phase in Q2 as leasing activity cooled but demand for prime space stayed resilient. Construction Costs & Risk: A new federal tax shift in the U.S. limits negative gearing to newly built homes and removes the 50% CGT discount, raising potential transfer and loss-access costs for developers. Community Housing: Tennant Creek’s Aboriginal-led Wilya Janta Housing opened a culturally safe display home as a potential remote-housing prototype.
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