AGP Executive Report
Last update: 10 hours agoHousing Policy: The 21st Century Road to Housing Act is one step closer to passage after both chambers approved versions, aiming to cut barriers and boost incentives to build more affordable units. Market Signals: Calgary’s resale market cooled in May, with resales down nearly 16% year over year and the benchmark home price down 3% to $570,500, while some nearby towns like Canmore and Strathmore showed price and sales resilience. Affordability & Demand: A Century 21/Ipsos report finds Hispanic homebuyers are increasingly shaping the U.S. market, with 70% of net new homeowners projected to be Hispanic by 2040 and community connection a key driver. Local Real Estate & Community: Somerville’s Central Street Studios will stay affordable for artists after a nonprofit purchase, while Delaware’s chamber highlighted local small-business wins tied to the broader community economy. Compliance & Risk: Iraq was added back to FATF’s grey list over money-laundering and terrorism-financing gaps, a reminder that financial controls can directly affect cross-border property and investment flows.
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.