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Luxury Home Prices Rose 3.2 Percent Annually in the Third Quarter (access required)

Luxury home prices rose 3.2 percent year over year to an average of $1.7 million in the third quarter of 2018, according to Redfin (www.redfin.com), the next-generation real estate brokerage. This is the lowest growth rate since the fourth quarter of 2016, when prices were up 1.1 percent from a year earlier. The Redfin analysis ...

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