Was there another solution to this issue? We are experiencing the same. We are using AEM as a Cloud Service. Similar to the screenshot above, in our local environments, create page is not an option.
Additionally, we are unable to access Content Fragments. Selecting Content Fragments opens a new window asking for authentication. Our local uses admin, which does not authenticate and our Cloud credentials do not authenticate as this is coming from localhost.
We have deleted and re-created the crx folder and we have updated the sdk and tried again. We still have the same results.