Photographer: Michael Short/Bloomberg

U.S. Luxury-Home Prices Rising at Half the Pace of Lower End

  • Tight entry-level supply spurring bidding wars, Zillow says
  • Buyers of high-end homes finding more choices, price cuts

Prices for entry-level homes in the U.S. are rising at twice the pace of the costliest properties as competition among first-time buyers intensifies, according to an analysis by Zillow.

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