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Report: 28% of Homes Now Selling Above Asking Price

Report: 28% of Homes Now Selling Above Asking Price

by Phil Hall | Jun 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Just over 28% of homes are now selling above the asking price, according to a data report from Redfin (NASDAQ: RDFN). This is down from 32% one year earlier and the lowest level for this time of year since 2020 when the pandemic paralyzed the housing market. The share...
Montreal Area Home Sales Up 10% from Last Year

Montreal Area Home Sales Up 10% from Last Year

by Phil Hall | Jun 9, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 4,992 single-family home sales were recorded in the Montreal Census Metropolitan Area during May, a 10% year-over-year increase and a 13% spike from two years before. Last month’s total of 22,462 active listings for single-family homes was unchanged from...
Las Vegas Home Sales Decline Amid Wider Listings

Las Vegas Home Sales Decline Amid Wider Listings

by Phil Hall | Jun 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Las Vegas area recorded a total of 2,646 sales for homes, condos and townhomes sold in May, according to data from Las Vegas Realtors. In a year-over-year measurement, sales fell by 13.1% for homes and by 19% for condos and townhomes. While sales were down last...
Toronto Home Sales Down 13.3% From One Year Ago

Toronto Home Sales Down 13.3% From One Year Ago

by Phil Hall | Jun 4, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 6,244 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in May 2025, a 13.3% decline from one year earlier. On a seasonally adjusted basis, May home sales were up from the 5,601 transactions recorded in April....
Luxury Home Prices Rise While Pending Sales Activity Slows

Luxury Home Prices Rise While Pending Sales Activity Slows

by Phil Hall | May 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical luxury home sold for a near-record $1.34 million in April, according to data from Redfin (NASDAQ: RDFN). While this is up 6.5% from one year ago, pending sales of luxury homes in April fell 9.9% year-over-year, the largest annual decline since August 2023...
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