While the U.S. housing market has shown clear

While the U.S. housing market has shown clear signs of recovery in the last year, the market for homes priced at $1 million and above has rebounded at an even faster rate, Redfin found. From the first quarter of 2012 to the first quarter of 2013, sales of these homes increased 34 percent, compared to an increase of just 5 percent for the market as a whole over the same period. …

 

http://www.bizjournals.com/boston/real_estate/2013/05/back-bay-ranks-fifth-for-luxury-sales.html