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Luxury Home Prices Bounce Back, Rising 1.2% in Early Summer (access required)

The median sale price for luxury homes in the U.S. rose 1.2% year over year to $825,000 during the three months ending July 31, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The rebound comes after a record decline in the spring, when luxury prices dropped  1.7% as the coronavirus ...

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