AGP Executive Report
Last update: 8 hours agoSpain Housing: Parliament narrowly approved rent caps, eviction protections through 2030 and rental extensions of up to two years after mass protests and a general strike. The measures could be repealed after the Nov. 29 election. Australia Market: Home prices have fallen about 6% since March as higher rates and weaker sentiment cool demand, APRA says. Malaysia Supply: The government plans a housing data repository to address a 8.6% rise in completed unsold homes, now totaling 30,471 units worth RM17.73 billion, while avoiding extra study costs for developers. Affordable Housing: California voters backed an $11.25 billion bond measure for affordable rentals, homeownership assistance and related infrastructure. Construction Outlook: UK construction output fell 0.7% in the third quarter, with private new-home work down 4.7%. Office Market: New Jersey’s 21.7% headline vacancy rate overstates the space competing for tenants, Cushman & Wakefield says, as many empty offices have been on the market for years.
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