AGP Executive Report
Last update: 7 hours agoHousing Supply & Costs: Australia’s building price pressure is still rising—ABS data shows house-construction output prices up 2% in the June quarter and 5.9% year-on-year, leaving new-home build costs about 51% higher than end-2019. U.S. Market Momentum: The U.S. housing rebound is gaining traction—NAR reports Q2 home prices up 1.5% year-over-year to $434,900, with prices rising in 80% of metro areas as buyers return despite higher mortgage rates. Public-Private Housing Push (Philippines): Megawide’s PH1 World Developers topped off Tower 1 of Avesta Residences in Imus, Cavite under the Expanded 4PH program, signaling steady progress toward unit turnover. State Capital Into Builders (Philippines): The SSS increased its stake in Century Properties Group to 9.9% via a ₱270.3M share purchase, boosting confidence in the builder’s affordable-and-premium “twin engine” strategy. Mortgage Market Snapshot (Ukraine): Ukraine’s mortgage lending remains small but growing—UAH 50B in mortgage loans as of June 1, with portfolios up 35% over the year. Commercial Real Estate & Tech: Linkhome rebranded Mortgage One to Linkhome Lending, aiming to apply AI across the mortgage lifecycle and expand into financing for AI infrastructure.
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.