AGP Executive Report
Last update: 4 hours agoAffordable Housing Policy Shift (Malaysia): Rehda Institute backs moving Malaysia’s affordable-home price cap away from a flat RM300,000 toward income-based benchmarks, arguing regulated prices often fall below real delivery costs and need better data on demand and supply. US Housing Demand Check: U.S. existing-home sales fell for a second straight month in July, down 1.7% month-over-month, with mortgage rates still above 6% and inventory tight. UK Market Sentiment: RBC says London’s year-ahead house price expectations worsened sharply, even as supply tightens and agreed sales stabilize. BTR Construction Slows (Scotland/UK): Build-to-rent homes under construction in Scotland dropped 27% year-on-year in Q2 to 1,466, with the UK also seeing major declines in starts. Korea Tax Strategy Boosts Swaps: Apartment swaps hit a three-year high in Korea as owners look to lock in capital gains ahead of tighter tax rules. Broker/Agent Tech Moves: EffectiveAgents opened its Agent2Agent referral network to any licensed U.S. agent, while Zillow expands off-site targeting via Pinterest using its home-intent data. Local Developments & Listings: Westmeath’s Kilbeggan affordable scheme adds six discounted homes; Scotland’s fastest-selling city is Glasgow (about 11 days to agreement), and a Grade II Chesterfield “Old Post” period property is listed for £250,000.
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.