AGP Executive Report
Last update: an hour agoSeoul Housing: Apartments under 600 million won made up 21.9% of Seoul sales in the first three quarters, up from 16.9% a year earlier. Nowon and Dobong accounted for more than a third of those deals. Industrial Property: Durban’s Shree Property acquired two sites near the port and plans to invest R1.6 billion in about 80,000 square metres of logistics space. Retail Investment: Australian retail property transactions reached a record A$16.3 billion in the year to Q3, with Queensland leading the market. Vietnam Demand: More than 400 prospective buyers attended the launch of Ho Chi Minh City’s Triton Crown; over 80% of participants said they planned to live in or operate their units. U.S. Housing: Builder confidence hit a 14-year low as mortgage rates weighed on sales, while homebuyer cancellations neared record levels. China Property: Home prices continued to slide, and investment fell 20.6% year-on-year in the first nine months, adding to doubts about a near-term recovery.
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