AGP Executive Report
Last update: 10 hours agoU.S. Housing: Home-sale prices fell for the first time since 2023 as higher mortgage rates squeezed buyers, while listings rose in many markets. Affordable Housing: EAH Housing plans to buy Catholic Charities of Oregon’s 19-property portfolio for $30 million, bringing more than 1,000 homes under new nonprofit ownership; the deal awaits approval. Investor Market: Australian investor home loans plunged 30.6% in the September quarter amid higher rates and tax changes, while owner-occupiers took a larger share of lending. China’s Shift: As the housing market matures, Ikea is leaning into home upgrades and smaller-store formats rather than furnishing newly purchased homes. Asia Outlook: Hong Kong home prices are forecast to rise 5% in 2027, while South Korea’s top apartment market showed sharp declines in several older complexes. Supply Plans: Oklahoma City launched a 10-year effort to build or repair 45,000 homes.
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