AGP Executive Report
Last update: 3 hours agoMarket Outlook: Westpac expects Australian home prices to fall 10.9% by March 2027 as mortgage demand weakens; the bank also reported sharply higher loan-loss charges. In the U.S., home-sale prices slipped for the first time in more than three years, while rents rose. Housing Investment: HDFC Capital and DivyaSree Developers will invest Rs 1,500 crore in housing projects across Bengaluru, Hyderabad and Chennai, targeting a potential development value of Rs 6,750 crore. Development Pipeline: Keepmoat is planning about 190 homes on the edge of Ripon, with 40% designated affordable, but the site’s environmental impact is under review. Affordability and Policy: Portugal’s housing protests continued, with police clearing protest camps and arresting 13 people; in India, a homebuyers’ forum urged the government to strengthen RERA protections a decade after its introduction. Rental Housing: Indian developer Niranjan Hiranandani called on companies, banks and philanthropic groups to help build homes for workers as urban housing costs rise.
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