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Luxury Home Sales Surge 42% in the Third Quarter (access required)

U.S. luxury home sales increased 41.5% year over year in the third quarter, according to a new report from Redfin, the technology-powered real estate brokerage. That's the largest jump since at least 2013, when Redfin began recording this data. Meanwhile, sales of medium-priced homes climbed just 3%, and sales of affordable homes declined 4.2%, underscoring ...

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