AGP Executive Report
Last update: 3 hours agoMarket Watch: New Zealand home values fell 1.5% in the quarter, with Auckland down 2.5% and Wellington 3%. Buyers have plenty of choice and are negotiating hard as interest rates and election uncertainty weigh on confidence. Affordability: The estimated lifetime cost of the American dream climbed to $5.32 million, with homeownership accounting for $1.275 million. In California, home prices rose just 0.9% over the year to June, renewing calls for prices to fall further to bring buyers back. Housing Supply: A 205-home development in Winsford, England, is complete, offering affordable rent, Rent to Buy and shared ownership. Foreign Buyers: Greece plans to raise the purchase tax for buyers from outside the EU from 3% to 15% in July 2027, a move that could sharply increase costs for overseas investors.
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