Luxury & demand signals: Hyderabad’s ultra-luxury home market (Rs 10 crore+) is expanding fast, with estimates pointing to hundreds of deals annually and apartments above Rs 15 crore becoming more common. Affordability pressure: Redfin says the typical U.S. buyer still needs about $109,796 a year to afford a median-priced home, with only modest improvement despite slightly easier mortgage rates. Local housing finance stalled: Martha’s Vineyard’s proposed housing bank and high-end transfer fee failed to pass this session, pushing the plan to 2027. Tax administration: Philadelphia’s compliance review for Real Estate Tax assistance programs added $33.5M in billed revenue and removed thousands of accounts that no longer qualified. Commercial-to-residential pivot: Rochester’s First Federal Plaza was bought by Excelsior Properties, aiming to re-activate the riverfront with residential, office and retail. Market snapshot: Park City reports stable overall pricing with land sales surging while condo sales dipped. CRE legal risk: A U.S. appeals court upheld an injunction tied to Trump’s White House ballroom, while a separate case targets REITs over delayed liquidation. Data-center friction: Eastport, Maine residents pushed back on a proposed underwater AI data center, and Texas politics around data centers continues to heat up. Brokerage moves: Rodeo Realty is adding agents as Southern California buyer competition returns, and Innovate Realty opened a new Calabasas office. Real estate fraud watch: A Kansas City homeowner warned others after encountering an invalid contract tied to alleged intimidation tactics. Job backdrop: Saskatchewan’s unemployment rate fell to 6.0% in July, with gains including finance, insurance, real estate and leasing.