Million-Dollar Home Sales on the Rise

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According to a new report by CNBC, the number of homes priced at $1 million or more soared in October.

The number of sales was up more than 16 percent from 2013, while homes priced at $5 million or more were up more than 18 percent.

Redfin notes, however, that many of the multi-million-dollar sales were made with international money.

Image via flickr/Cliff

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