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In some places, the rich get richer and luxury home values soar. Felix Mizioznikov / Shutterstock.com
Even the 1% among us cannot escape the chilly winds blowing across the nation’s cooling housing market. The share of homes in the U.S. worth at least $1 million has fallen to 7%, down from 8.6% last June, according to a Redfin analysis. That is still up significantly from just before the pandemic, when the percentage was 4.2%. But it indicates that few areas of the housing market have been able to…
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