The luxury real estate market is enjoying a boom as the COVID-19 pandemic rages on, and a number of factors are feeding into the trend, according to analysts. Compared with the same time period in 2019, demand for high-end homes leapt 42% in the third quarter of last year, according to a report from Redfin.com. That is the largest recorded increase since the organization began tracking the data in 2013. At the same time, sales of lower-priced homes slowed as inventory dwindled. Redfin experts noted that the luxury ...
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