AGP Executive Report
Last update: 32 minutes agoBuyer Hesitation: Greater Toronto home sales fell nearly 8% year over year in October as buyers and sellers stayed on the sidelines. Toronto’s distressed-property market may take until 2027 or 2028 to find a broader bottom, experts say. Prices and Affordability: New Zealand home values slipped for a seventh straight month and are up only about 3% in real terms over a decade. In Australia, rate pressures are also weighing on prices and demand. Selling Costs: U.S. homeowners who recently sold spent nearly $82,000 on average, up 22% from 2025, with repairs and renovations the biggest expense. First-Time Buyers: England has revealed price caps for its new First Home scheme, setting limits on eligible purchases in areas including Derbyshire and East Lancashire. Property Taxes: Florida voters approved a constitutional amendment to cut property taxes, a change that could ease homeowner bills while challenging local funding.
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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