West Palm Beach Home Sales Up 17%, Bucking National Trend

While U.S. home sales fell 4.1 percent month-over-month in July, one South Florida city saw the opposite.

The nationwide decline dropped home sales to their lowest levels in nearly two years, according to Redfin. But in West Palm Beach, sales increased by 17.1 percent from a year earlier.

The real estate brokerage site says affluent buyers who aren’t sensitive to cost are driving the market in West Palm Beach and in San Francisco, where sales went up by 8.5 percent…

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