California and New York City drive luxury home sales

  • A group of markets say luxury sales volume rise year-over-year by more than 20 percent
  • Markets that accounted for the most luxury sales are primarily major metros
  • A number of smaller California markets are top luxury markets

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Spanning July 2014 to June 2015, nine major metros, along with one smaller market, accounted for a combined 18,878 luxury sales transactions where the price tag exceeded $1 million.