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Pandemic Boosts Upper End of Housing Market Coast to Coast

Pandemic Boosts Upper End of Housing Market Coast to Coast

The pandemic is revving up the market for expensive homes where many people are spending far more time, luring richer buyers and nudging more sales ov

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The pandemic is revving up the market for expensive homes where many people are spending far more time, luring richer buyers and nudging more sales over the half-million dollar mark from northern California to the New York City suburbs.

Nearly one in four home buyers between April and June bought houses priced at $500,000 or more, up from 14% of buyers during the preceding nine months, according to a Wednesday report from the National Association of Realtors.

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This post first appeared on wsj.com

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