Luxury home sales see biggest decline since the start of the pandemic
CNN
Even the wealthiest Americans are feeling the effects of the economy's uncertainty — sales of luxury homes sank to the biggest decline since the start of the pandemic, a Redfin analysis found.
Sales of luxury homes plummeted 17.8% year over year during the three months ending April 30. That's a much larger decline than non-luxury homes, which fell only 5.4% in the same period.
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