AGP Executive Report
Last update: 6 hours agoMarket Outlook: British Columbia’s real estate association forecasts home sales down 4.5% this year to just over 67,000, with average prices slipping 1.2% to about $941,000 as listings rise. It expects a modest recovery in 2027. Development: Calimesa approved a 1,463-acre master plan proposing 3,650 homes, a 4.2-million-square-foot business park, retail, parks and affordable housing. Financing: JLL Malaysia warns tighter loan approvals and potentially higher borrowing costs could weigh on the property market in 2027. Project Setback: Birmingham’s £2.2 billion Ladywood regeneration, planned to include more than 10,000 homes, has collapsed as rising costs made it unviable; the council says it will pursue a different approach. Affordability: Greece faces growing housing pressure as home prices rise faster than incomes. Housing Delivery: Kingdom Housing Association and Barratt Homes have completed 41 affordable homes in St Andrews, adding to 63 delivered in earlier phases.
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