Affordable Housing Kickoff (Cape Town): Construction has started on the Welmoed Estate in Eerste River, a R1.2bn Western Cape affordable housing project targeting 8,000 homes by 2040, with Phase 1 due to deliver 3,296 opportunities starting late next year. Market Tightness (Canada): Toronto’s July housing market tightened as new listings fell faster than sales, leaving buyers with fewer options; in Waterloo Region, July sales dropped and inventory stayed low, though still above the 10-year average. Renters vs Buyers (Canada): A new Canada-wide ranking highlights where renters have the best mix of affordability and availability, reflecting how high mortgage rates keep more people renting longer. Policy & Fees (ADUs, California): A push to fix an ADU loophole argues homeowners could be hit with steep fees once projects exceed certain size thresholds—potentially blocking grandparents’ units. Rent Control Fight (NYC): Queens tenants are reacting to a lawsuit by landlords challenging NYC’s rent freeze, alleging the process was politically driven. Housing Supply Politics (South Korea): President Lee called for bolder housing-supply expansion in a policy review meeting, urging agencies to move beyond old thinking. Construction & Deals (US/Global): Berkshire Hathaway’s Taylor Morrison acquisition signals a major housing bet, while Minto and Crestpoint completed a $2.3bn take-private deal for Minto Apartment REIT. Home Sales Slump Signals Caution (UK): Lloyds data shows UK house price growth nearly stalled in July, with affordability and confidence weighing on activity. Local Redevelopment (Chicago): Demolition is set to begin on Lake View’s Torstenson Glass site, clearing the way for luxury apartments after a zoning change.