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With NYC Influx, Greenwich Area Home Prices Rise Fastest in U.S.

With New Yorkers rushing to the suburbs, Fairfield County, Connecticut -- the home of tony Greenwich -- suddenly has the fastest-rising real estate prices in the U.S.

The median home price climbed 33% in September from a year earlier to $499,000, while sales jumped 80%, according to data from brokerage Redfin. By both measures, the county was the hottest U.S. housing market, based on an analysis of the largest metropolitan areas in the U.S.