Measuring where the nation’s luxury market saw declines, Redfin identified the top tier of the market as the most expensive 5 percent of homes. As a nation, the bottom 95 percent of homes grew in price by 3.8 percent in the third quarter of 2015 compared with last year, whereas the luxury market dipped by 2.2 percent.
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Inman Connect New York | January 29 - February 1, 2019