AGP Executive Report
Last update: 8 hours agoSuburban Shift: In Canada’s Waterloo Region, Madison Group’s Wild Indigo is betting that buyers are moving from condos to townhomes, with prices in the $600,000s and about 150 closings targeted for summer 2027, helped by the expanded HST rebate. Legal & Local Governance: Pennsylvania’s Supreme Court upheld stormwater charges as a “tax” in a dispute involving West Chester University, a ruling that could reshape how municipalities bill for impervious-area runoff. Affordable Housing Rules: Pacifica, California updated its affordable housing framework for the first time in decades, rewriting density bonus and inclusionary requirements as nearly 1,900 new units become possible under recent rezoning. Planning Pipeline: North Tyneside planning lists include a 270-home scheme near Killingworth Lane plus multiple conversions and housing-for-needs proposals, while Rockford, Illinois approved new apartment and townhome projects expected to add 300+ units. Market Pressure Abroad: Spain’s Canary Islands posted a 19.3% year-on-year house price jump in May, underscoring supply strain and worsening affordability. Housing Quality & Costs: In the UK, Croydon council homes saw pest-control calls dominated by mice, with cockroaches rising steadily over five years.
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