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Redfin: Prices Of Most, Least Expensive Homes Surge Fastest

nationalmortgageprofessional.com
 2021-08-02

End of eviction moratorium may be driving sales of most affordable homes. The median sale price of U.S. luxury homes jumped 25.8% year over year in the second quarter, while the median sale price of the country's most affordable homes rose 18.7%, according to a new report from Redfin, the technology-powered real estate brokerage. By comparison, prices of mid-priced and affordable homes grew just 16% and 13.2%, respectively.

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