Driven by overall confidence in the market, more money is being spent on real estate than ever before.
More homes selling in more expensive markets is another driver.
Through the second quarter of 2021, the total value of residential real estate transactions was over $600 billion for the third time in the past year, for a total of $750 billion. This number has been steadily on the rise since 2010, but has recently taken a particularly sharp upswing.
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