Low-Priced Home Sales Sink, But High-Priced Home Sales RiseApril 22, 2014 10:31 pm
The great divide cannot be explained so efficiently in any other way – we spotted this stat today, that sales of homes under $100,000 fell nearly 18% from March 2013 and those in the $100,000-$250,000 range fell about 10%. But sales of homes over $1 million rose almost 8% (Source)
We had spotted quite a few stats in the past highlighting the great divide – Read The ‘Forbes 400? Worth More Than Half of All Americans Combined – but this one demonstrates the divide using something that everyone understands – home sales.