AGP Executive Report
Last update: 32 minutes agoMarket Outlook: Australia’s housing downturn is deepening: CBA forecasts national prices will fall 8% in 2026 and another 3% in 2027 as higher interest rates weigh on buyers. In New Zealand, prices are 2.3% below a year ago, while agents report fewer open-home visits and buyers increasingly willing to wait. Affordable Housing: South Korea will offer 284 shared-equity homes near Seoul, letting buyers move in after paying 25% of the price and acquire the rest over 20 years. Voters also approved housing funding in Rhode Island and Raleigh, including support for construction, preservation and homelessness services. Housing Delivery: Hanoi has proposed allowing 902 overcrowded Old Quarter households to access social housing without a lottery if they leave their current homes. Regina is bringing developers and community groups together to turn city land into new homes, while a Voorhees, New Jersey, project won approval for 120 affordable apartments. Urban Development: A Shanghai conference hosted by the city and UN-Habitat focused on sustainable urban regeneration and adequate housing, with officials sharing development plans and practices.
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