AGP Executive Report
Last update: 8 hours agoHousing Development: Seattle’s social housing agency approved its first construction site in the Central District, planning about 20 mixed-income homes by 2028. The $15 million project follows the agency’s purchase of a 150-unit apartment building. Native Hawaiian Housing: A new agreement between OHA and DHHL advances plans for a 3.3-acre Honolulu site, with proposed homestead condos, commercial space and community uses. Data Centers and Real Estate: Amazon dropped plans for data centers on a former university campus in Loudoun County, Virginia. The site is set for mixed-use and residential development, with 25 acres for public facilities and $5 million for the county housing fund. Market Trends: Nelson is drawing buyer attention as the wider Nelson-Marlborough-Tasman region’s median house price reached NZ$749,000. Nationally, New Zealand had 5.2 months of housing inventory in the June quarter. Mumbai property registrations fell 25% year over year during Navratri, marking their lowest level in three years. U.S. Housing Policy: President Trump signed an order aimed at lowering housing costs, as affordability remains a key concern for buyers and renters.
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