AGP Executive Report
Last update: 12 hours agoHousing affordability squeeze: Australia’s affordability hit a record low as falling prices were outweighed by higher borrowing costs after the RBA’s rate hikes, leaving a median-income household able to buy just 12% of homes sold in 2025/26. Local taxes & budgets: Missoula County adopted a final budget with a tax decrease for many residents, while Florida homeowners are being reminded how TRIM notices translate market value into assessed and taxable value. Vacancy tax push: A new “empty homes” debate is heating up, with advocates arguing vacancy taxes can bring unused homes back into neighborhoods. Market unevenness: New Zealand’s annual declines were steeper in smaller provincial markets, while some regions still posted gains—showing a patchwork housing picture. Big-ticket deals: MBK Rental Living sold Anaheim’s Zia apartment complex for $147.5M, and Greysteel helped close Cudahy’s 142-unit Cudahy Commons for $18.1M. Development controversy: Manchester Metropolitan University faces backlash over plans to sell Ryebank Fields for 120 homes, with critics citing biodiversity losses. Buyer spotlight: Khushi Kapoor bought a Bandra West apartment for Rs 63 lakh, adding to her Mumbai portfolio.
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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