Minneapolis million-dollar homes are bucking ‘shrinkage’ trend’


While sales of $1 million homes have more than doubled nationwide over the past three years, buyers are getting less bang – or more precisely, less square footage – for their buck, according to new analysis by Zillow.

Nearly every major U.S. metropolitan area saw a 'shrinkage' effect on million-dollar homes between pre-pandemic 2019 to 2022. There were two exceptions were Minneapolis/St. Paul and St. Louis; both those regions saw home footprints grow for such properties, according to a press…

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