AGP Executive Report
Last update: 7 hours agoSpain’s Housing Crisis: Parliament narrowly approved rent caps, a temporary eviction ban and limits on corporate home purchases after a nationwide strike over housing costs. The measures could be repealed after the November 29 election. U.S. Market: Existing-home sales fell 5.5% in October to a 3.75 million annual pace, down 8.8% from a year earlier and the lowest since 2010, as high mortgage rates weighed on buyers. Australia: Home prices have dropped about 6% since March, with higher rates, tax changes and weaker sentiment cooling demand. Malaysia’s Housing Supply: The government is building a national housing data repository as completed unsold homes rose 8.6% year over year to 30,471 units, valued at RM17.73 billion. Development: Birmingham approved two towers with 526 apartments on a long-vacant city-centre site, adding homes and commercial space near Gas Street Basin.
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