NAR: Sales of $1M-plus homes rise 4% in February

According to the National Association of Realtors, sales of homes priced at or above $1 million were up 3.9 percent in February from a year ago, while sales of homes priced between $100,000 and $250,000 were down 7 percent.

Million dollar-plus homes accounted for just 2 percent of national sales in the month of February, while homes in the $100,000 to $250,000 range accounted for 42 percent of all US sales.

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