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High end home sales surge in Q4 2019

Posted by   /  March 19, 2020  /  No Comments

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Million-dollar sales jumped 11.4% year-over-year nationwide and sale prices increased 2.1%.

The U.S. luxury housing market capped off the year with its greatest show of strength in 2019 as million-dollar sales jumped 11.4% year-over-year nationwide and sale prices increased 2.1%, according to the realtor.com Q4 2019 Luxury Report released Wednesday.

Based on the report, the final three months of 2019 was the only period to reach double-digit sales growth for luxury housing after three quarters of lackluster gains, but recent economic uncertainty could cripple luxury growth in the beginning of 2020.

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  • Published: 5 months ago on March 19, 2020
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  • Last Modified: March 19, 2020 @ 9:27 am
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