Luxury home sales are surging nationwide during pandemic

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Luxury home sales have surged across the United States thanks to affluent buyers on the move. A recent Redfin report shows a 60.7% year-over-year increase in luxury homes sold nationwide during the three months that ended Nov. 30. It was the biggest jump in luxury home sales since at least 2013, says the tech residential real estate company. Among the 49 most populous metro areas in the report, Pittsburgh was among the cities where luxury home transactions increased slower than that of the national…

The Business Journals | Residential Real Estate News

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