Luxury Homes Prices Up; D.C. Sales Spike

April 27, 2017 Aly J. Yale

Luxury home prices are up more than 4 percent over the year, with Washington, D.C., seeing the biggest spike in price. According to one economist, potential tax cuts for the wealthy may be the cause. Other cities to see high year-over-year luxury home price growth were St. Petersburg, Florida; Portland, Oregon; Paradise, Nevada; West Palm Beach, Florida; and San Francisco.

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