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Realtor.com® August Luxury Housing Report: National Luxury Threshold Falls as Local Markets Diverge
Source: PR Newswire
Housing & Real EstateConsumer Demand & Retail
The national entry price for luxury housing fell 4.0% month over month to $1,200,005 in August, indicating some easing in the high-end residential market. Los Angeles had the nation’s highest threshold for luxury-home entry, while Hilo-Kailua, Hawaii showed the widest price gap between the top 10% and top 1% of listings.
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