AGP Executive Report
Last update: 7 hours agoMarket Outlook: Australian property professionals turned pessimistic for the first time in six years, forecasting a 4.2% national price decline over the next year, with New South Wales and South Australia facing the steepest drops. Buyer Leverage: U.S. home sellers outnumber buyers by a record 63%, while mortgage rates near 7.4% and pending sales at a 12-year low are weighing on demand and giving active buyers more room to negotiate. Canada: September resale activity weakened, prompting CREA to cut its 2026 sales forecast again. Buyer Protection: China’s major cities are tightening presale rules and encouraging sales of completed homes after unfinished projects left buyers exposed. Online Homebuying: U.S. senators have asked the FTC to investigate real-estate platforms’ agent referrals and lender links, arguing that unclear commission arrangements may raise buyers’ costs.
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.
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