Redfin: Luxury Home Prices Spike Nearly 9 Percent To All-Time High
The typical U.S. luxury home sold for a record $1,180,000 in the second quarter of 2024
The typical U.S. luxury home sold for a record $1,180,000 in the second quarter of 2024
Chief Economist Lawrence Yun notes that supply and demand dynamics are nearing a balanced market condition
Nearly 15 percent of homes that went under contract—the highest percentage of any June on record
The median sales price reached $426,900—a new record high
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Sacramento is among the top 10 with the fastest price growth compared to 2019 figures
The administrations says the county hasn’t acted quickly enough on a project meant to get people housed
International buyers purchased $42 billion worth of U.S. residential properties from April 2023-March 2024
June’s statewide median home price was $900,720, down 0.8 percent from May and up 7.5 percent from $837,850 in June 2023
Mortgage apps increased 3.9 percent for the week ending July 12, 2024
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