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U.S. Luxury Home Sales Jump

A survey of Coldwell Banker affiliates found that the number of houses that sold for at least seven figures increased 47% in 2004. The firm’s affiliate closed a total of 20,292 such transactions, with the average sale price for this segment ringing in at a record $1.7 million. California accounted for more than half of the total volume.

*For more on this story,


read the full CNN Money article.

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