AGP Executive Report
Last update: 24 minutes agoHousing Supply Watch: Australia’s July listings jumped 12.4% nationally, with new listings up 12.4% and older stock rising 8.1%, suggesting homes are taking longer to sell as supply expands. Buyer Costs & Affordability: A Redfin report says the income needed to comfortably buy a typical U.S. home is still near a record—about $109,796 in June 2026—only slightly improved from last year. Policy Shock for Investors: Australia’s negative gearing and capital gains changes are set to hit new residential investors, but ASX property shares aren’t directly affected because gearing at the trust level is separate. First-Home Buyer Scheme Twist: Nearly 1,500 homes bought under Australia’s 5% deposit program have been converted into investments, raising questions about the scheme’s outcomes. Homebuying Reality Checks: A viral case highlights the risk of buying an occupied foreclosure where the owner is “included,” and another story breaks down how days on market can shape whether sellers accept contingencies. Local Market Moves: Denver’s metro saw a slight July cooling—median price down 1.54%—while attached homes lagged and high-end condos stood out.
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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