AGP Executive Report
Last update: 6 hours agoAuction Slowdown: More homes failed to sell than sold at capital-city auctions over the weekend: 619 of 1,208 properties went unsold, leaving a preliminary clearance rate of 48.8% as higher rates weigh on buyers. Market Divide: Australia’s housing market is splitting, with high-end homes sliding even as conditions vary across other segments. Perth Planning: Tree-less estates on the city’s fringe are drawing concern, with planning rules allowing trees to be cleared and raising questions about heat and liveability. Renters: Property platforms are adding fees or paid memberships to get around the ban on credit-card surcharges, shifting costs back to tenants. Social Housing: A prefabricated apartment project has delivered 38 social homes in North Coogee, adding much-needed supply in Western Australia.
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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