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Recent Articles

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US homes sales in April increased 0.5% month-over-month, median home price up 3.4% to US$420,000; for-sale home inventory increased 24.0% in April: Re/Max

First-time US homebuyers may find it easier to buy a home in the city than in nearby suburbs, as suburban home values have been growing faster than those in urban areas since July 2021; buyers prioritizing affordability over proximity to workplace: Zillow

Share of Redfin home offers that faced bidding wars fell to 60.7% in April from March's revised 63.4%; Worcester, Massachusetts and Denver, Colorado had highest bidding-war rates at 76.9% and 76.6%, respectively

US median monthly asking rent in April up 15.1% annually to a record US$1,962, up 1.1% month-over-month; rents continue to grow at nearly double inflation rate, landlords in hot migration destinations charging new tenants 30% more than last year: Redfin

Canadian home sales fell 12.6% in April from March, down by 25.7% year-over-year; newly listed properties decreased 2.2% month-over-month in April, national average home price up 7.4% year-over-year to C$746,000: CREA

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