AGP Executive Report
Last update: 6 hours agoU.S. Housing Pressure: Sellers outnumbered buyers by a record 63% in September, as buyer numbers fell to their lowest level since Redfin began tracking them in 2013. Mortgage rates climbed to 7.4%, widening the divide between wealthier buyers and households priced out of the market. Affordable Housing: A Houston project has opened 31 supportive apartments for people leaving homelessness, while a planned Florida community will add 96 affordable homes for seniors. Buyer Transparency: Victoria will require sellers to publish auction reserves at least seven days ahead, starting Oct. 16, in a bid to curb underquoting. Data Access: Quebec’s real estate association agreed to share sale prices, listing histories and property details with brokers after the Competition Bureau found its restrictions stifled competition. New Zealand Slowdown: September sales fell 11.6% year over year, the median price slipped 2.3% to NZ$755,000 and listings rose 11%.
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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