Oct.14 -- Demand for luxury homes is soaring, underscoring how the pandemic has intensified wealth disparities in the U.S. High-end sales jumped 42% in the third quarter from a year earlier, according to a report from brokerage Redfin. That’s the largest jump dating back to 2013. Sales of mid-priced homes climbed just 3%, while affordable purchases declined 4%. Ivy Zelman, CEO of Zelman & Associates, speaks with Bloomberg's Caroline Hyde, Romaine Bostick and Joe Weisenthal on "What'd You Miss?" about the wealth gap in housing.
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