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RDFN
StockNews.AI
55 days

May's 10 Most Expensive Home Sales

1. Redfin reports May's most expensive home sold for $110 million. 2. Southern California dominated luxury home sales with significant transactions.

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FAQ

Why Bullish?

Luxury sales indicate market strength, which may bolster RDFN's transactions.

How important is it?

High-value sales signal positive trends in the real estate market, affecting investor sentiment.

Why Short Term?

Increased luxury sales can boost RDFN's brand and sales volume quickly as confidence rises.

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SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —A Bel Air estate was the most expensive home sale of May, fetching $110 million, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Another Los Angeles home, a Spanish villa in neighboring Holmby Hills, came in second, with a sale price of $57.3 million. All in all, four of last month's most expensive home sales were in Southern California, four were in coastal Florida, and two were in Manhattan. Four of th.

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