Residential real estate sales continue to climb, but the market split between high- and low-income workers persists, underscoring the uneven recovery following the economic shutdown intended to curb spread of the coronavirus.
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Nearly a quarter of homes sold for an average of $7,000 above the asking price.
This year, what 43 million American renters spent is up by $4.9 billion from 2016.
Plans to build more rental properties could come to nothing if housing developers can't see the benefits.