Prices for luxury homes soared in the first quarter
Housing Wire
APRIL 19, 2024
Luxury home prices in the U.S. year over year in the first quarter of 2024, with the median price hitting a record $1.225 million, according to data from Redfin. In comparison, prices for non-luxury homes rose by 4.6% 29, nearly half (46.8%) of luxury homes sold were purchased in cash, up from 44.1% surged by 8.7%
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