AGP Executive Report
Last update: 4 hours agoMortgage Pressure & Market Heat: A new Canada survey says some homeowners are spending up to 70% of their monthly budget on mortgage payments, underscoring how higher rates are squeezing buyers. Local Housing Momentum: In New York’s OneKey MLS area, July closed sales rose 5.3% and the median price hit $745,000, with homes selling faster and closer to asking. Tax-Driven Trading Tactics: Korea’s apartment swaps hit a three-year high as owners look to lock in capital gains before tighter property-tax rules. Policy & Affordability: Malaysia’s REHDA backs shifting affordable housing benchmarks from a flat RM300,000 cap toward income-based targets, citing delivery costs running above regulated prices. Broker Tech & Referrals: EffectiveAgents opened its Agent2Agent referral network to any licensed U.S. agent, paying 25% of gross commission at closing. Data & Ads: Zillow is moving high-intent home-shopper data off-site to Pinterest for targeted campaigns. Compliance & Enforcement: Sunset Beach is reviving an effort to find short-term rentals not paying accommodations tax, using an RFP for audits and enforcement support.
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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