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Redfin: Luxury home prices up 7 percent in the fourth quarter (access required)

Luxury home prices rose 7.4 percent year over year to an average of $1.76 million in the fourth quarter of 2017, according to the latest luxury market report from Redfin, the next-generation real estate brokerage. The analysis tracks home sales in more than 1,000 cities across the country and defines the luxury market as the ...

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