The rich are feeling the pinch as inflation pushes US homes to record-breaking prices. This year’s priciest residential transactions have set a new benchmark, with 31 houses selling for over $50 million and average prices increasing by 7% compared to last year, according to appraiser Jonathan Miller.
Source: https://www.bloomberg.com/news/articles/2024-12-20/top-10-most-expensive-luxury-homes-sold-in-the-us-in-2024