Luxury Home Prices in U.S. Outperform as Affluent Buyers Dodge High Mortgage Rates
43% of Luxury Home Purchases Are Paid for in Cash, Up From 35% Last Year According to national property broker Redfin, the median sale price of luxury U.S. homes rose 9% year over year to $1.1 million in the third quarter, while the median sale price of non-luxury homes climbed 3.3% to $340,000. Both were…