AGP Executive Report
Last update: 3 hours agoHousing & Finance Shock: Sydney’s stamp duty take plunged more than 20% in August as higher borrowing costs and tax changes cooled demand, with NSW warning of a multi-billion hit ahead. Policy & Markets: Tokyo land prices rose for a fifth straight year, but central condo sellers face a “test of endurance” as foreign-buyer limits and rates weigh on buyers. Global Housing Support: Habitat for Humanity expanded resilience and affordable housing work in cyclone-prone Pacific islands, while a North Carolina REALTORS Housing Foundation grant boosted local Habitat projects. Urban Planning & Land: Hong Kong unveiled its first five-year plan, pushing Northern Metropolis growth to add jobs and homes and deepen tech ties with the mainland. Risk & Infrastructure: Australia’s ASX sentiment stayed cautious as bond yields and the Fed decision dominated; property-linked names tracked the rate mood. Real Estate & Safety: Preparations began to remove masts from the WWII SS Richard Montgomery wreck in the Thames Estuary, a costly salvage with major explosives risk.
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