AGP Executive Report
Last update: 6 hours agoAsian Housing: Seoul’s Han River districts have joined Gangnam in a deal drought: apartment sales in Seongdong fell 75.6% year over year in the third quarter, while monthly rents now top 1 million won in 41.4% of Seoul leases. Cross-Border Ownership: Taiwan allows eligible foreign buyers to purchase property under reciprocity rules, but restrictions apply and ownership does not grant residency. AI and Housing: Anthropic’s planned IPO could bring new wealth to San Francisco, where agents say cash buyers are already competing for scarce homes. U.S. Market Signals: Las Vegas home values dropped 5% in the third quarter to $428,000, among the steepest declines in major U.S. metros; affordability remains a challenge. Capital Flows: Town Lane raised $1.9 billion for its second real estate fund. In India, real estate private-equity investment reached $6.1 billion through September, with data centers drawing 40% of the total.
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