AGP Executive Report
Last update: 4 hours agoMortgage Costs: The average U.S. 30-year fixed rate hit 7.4%, its highest since November 2023, adding pressure as home prices remain elevated. Ottawa Market: August sales fell 18.6% year over year to 1,002, while supply reached 4.5 months and prices were nearly flat — signs buyers are gaining leverage. Data Centre Pushback: Google’s planned $15 billion facility in India’s Visakhapatnam is drawing protests over land loss, water and power demands, and limited local jobs, even as the project fuels investment and rising land prices. Commercial Property: Industrial leasing across India’s top 24 cities reached a record 59.1 million square feet in January–September; data centres and offices are also drawing real estate investment. U.S. Housing: Price cuts reached a September record as inventory neared pre-pandemic levels, giving buyers more room to negotiate.
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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