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35% More Properties for Sale y.o.y. in April

Residential

Photo by Andrey_Popov / Shutterstock.com

There were 136,000 residential properties for sale on the real estate market at the end of April, 35% more than a year earlier, ingtlan.com reports, based on its own data.

Meanwhile, demand was a third lower in April than a year earlier.

The real estate website highlighted that the demand, as indicated by the number of inquiries, has decreased on an annual basis, but in the first four months, it was 20% higher than in the last four months of last year.

In addition to the usual seasonality, that is explained by the fact that customers' fear of utilities has eased in the real estate market.

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