(NPR) Housing Boom: Sales of Million-Dollar Homes Double

Housing Boom: Sales of Million-Dollar Homes Double








Sales of previously owned homes jumped more than 20% in September from a year earlier, but sales of homes costing more than $1 million more than doubled.



Justin Sullivan/Getty Images


hide caption





toggle caption




Justin Sullivan/Getty Images











Housing Boom: Sales of Million-Dollar Homes Double






The housing market is on a tear, setting all kinds of records — including prices. But it's also a reflection of the uneven economic recovery, and more first-time homebuyers are getting priced out.