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Houses at the top 5 percent of the market cost over $1 million in all but seven of the largest U.S. metros.
By Shayla Colon
The ability to buy a high-end home for under $1 million in the 50 largest U.S. metropolitan areas is becoming increasingly elusive. Luxury homes — those in the top 5 percent of the market by sale price — now cost over a million in all but seven of the country’s largest metros, according to a recent report from Redfin.
