Hardware Retailing The Industry's Source for Insights and Information
According to Daily Real Estate news, luxury home sales, particularly sales of the priciest 1 percent of homes, are surging. Sales of the most expensive homes in many local markets are up 21.1 percent this year, after a 35.7 percent gain last year, the real estate brokerage Redfin reports in its 2014 “Luxury Report.” On the other hand, sales in the other 99 percent of the market have dropped 7.6 percent this year.
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