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Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank.
Homebuilder Lennar reported sales and profits that topped forecasts and indicated there is still healthy demand for new homes despite rising mortgage rates.
Rent prices in Manhattan are slowing down and landlords are offering concessions as inventory on the island grows.
The hottest markets are in the West, and it's creating an affordability issue.
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Angie Hicks, co-founder of Angie's List, talks about how to keep your costs in check as a new homeowner.
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