AGP Executive Report
Last update: 9 hours agoMortgage & affordability watch: Australia’s housing slowdown is still in play, with advisers reporting a cautious but functioning market as buyers lean toward fixing rates for two years and banks ease some LVR and debt-to-income rules—though paperwork remains heavy. Market momentum: Listings and clearance data point to a subdued national picture, with longer selling times in Perth and only pockets of strength as buy listings rise. Policy risk: Economists say a moderate price drop could help affordability, but a steep fall (around 20%) could shake confidence and pressure households. UK buyer reality: London’s near-term outlook is improving slightly, but expectations have worsened fast, while Scotland shows marginal price gains with demand and sales still soft. Buyer choice signals: Nationally, more buy listings are appearing, giving shoppers slightly more options. Homebuyer how-tos: Consumer Reports highlights a budget smart toilet under $1,000, and guidance continues on practical upgrades like bathroom tweaks and visible house numbers. Global housing notes: Dubai’s July sales ticked up 2% month-on-month, with luxury deals (AED15M+) up 22%.
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