AGP Executive Report
Last update: 7 hours agoHousing Markets: B.C. home sales are forecast to fall 4.5% this year to just over 67,000, with average prices down 1.2% to about $941,000. The association expects a modest rebound in 2027. Denver sellers face pressure too: 31.5% of listings had price cuts this summer, the highest share among major U.S. metros. Commercial Property: Industrial hiring is reshaping demand, with San Antonio, Nashville and Seattle climbing in a new U.S. market index. Development: Calimesa approved Shopoff’s 1,463-acre Mesa Verde plan, including 3,650 homes and a 4.2-million-square-foot business park. Dubai also approved a metro extension to Al Maktoum International Airport City and Dh9.59 billion for community facilities. Buyer Safety: Ontario police warn that scammers are copying sale listings and reposting them as rentals, sending prospective tenants to private homes. Global Investment: Abu Dhabi’s property transaction value rose 76.1% in the first nine months, reaching Dh171.26 billion.
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