The Luxury Market Is Booming Despite U.S. Homes Sales Hitting 13-Year Low
By now, we know the crippling effect that sky-high mortgage rates and an inventory shortage can have on the real estate market. Last month, existing U.S. home sales dipped 4.1 percent to an annual rate of 3.79 million, a pace so slow it hasn’t been seen since 2010, according to a report from the…
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