Home sales articles
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Why Luxury Home Sales Are at an All-Time High
The average price of a luxury home in the U.S. sold for a record $1.225 million in the first quarter of 2024, up 8.7% from a year earlier, Redfin shows.
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New home sales surge in March
Some real estate agents have been pretty busy over the past few weeks.
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Number of New Homes for Sale Surges
The number of homes available for sale rose by more than 10 percent in March compared to the same time a year ago, data from the U.S. Census Bureau showed on Tuesday.Last month, there were 477,000 new homes available for sale, 44,000 more than in March of 2023. Compared to February 2024, new homes ready for sale were up by close to 3 percent. The March data amounted to 8.3 months of supply of homes available for sale.: What Is a Mortgage? Types & How They WorkMeanwhile, sales for the month were...