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Luxury home sales decline for first time in 2 years as prices tick up nationwide

Sales of homes priced at or above $2 million dropped 3.9 percent annually in the fourth quarter, according to real estate brokerage Redfin — the first time in more than two years sales of luxury homes have fallen on a year-over-year basis. At the same time, the average sale price for luxury homes nationwide rose 4.7 percent ...

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