AGP Executive Report
Last update: 10 hours agoAustralia’s Housing Slide: Home values fell for a seventh straight month in October, with capital-city prices down 8.1% in seven months—the steepest decline in 40 years. Brisbane and Perth led the drops, while higher rates and weak confidence kept buyers away despite greater choice. Luxury Deals: Gufic bought a duplex in Mumbai’s Juhu for ₹236.33 crore, underscoring continued demand for high-end homes. Buyer Signals: A first-home buyer paid $1.72 million for a Richmond house after beating three rivals, even as Melbourne’s auction clearance rate sat at 56%; Sydney’s was 48%. Seoul Market: Apartment listings in Seoul’s benchmark complexes more than doubled year over year as tax and lending curbs damped demand. Separately, police arrested 11 people accused of using fake leases and phantom units to steal 2.7 billion won in loans and deposits.
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.