AGP Executive Report
Last update: 9 hours agoProptech: Homesage.ai launched a ChatGPT plugin that lets U.S. investors ask about 155 million-plus homes, from estimated values and rents to repair costs and potential returns. U.S. Housing: Seattle listings reached their highest level since 2011, but the median home price still rose nearly $25,000 in September to $925,000. High mortgage rates are weighing on demand nationally: just 6% of survey respondents said they’d accept rates near 7.5% to 8%, while pending sales fell 8.5% year over year. New Zealand Market: Homes are taking longer to sell as volumes weaken; listings were up 23.1% year over year in September, and the median time to sell reached 48 days. The country’s central bank warned weakness could persist into 2027. Housing Policy: UK leaseholders are set to get stronger protections from hidden costs, including a cap on permission fees and administrative charges. Affordable Housing: Glasgow City Council approved negotiations to sell a former Yoker school site to Sanctuary Scotland, which proposes about 33 homes, including social-rent units.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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