High rise condo sales down on its luxe

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High rise condo sales down on its luxe

The Boston’s high rise property party has come to a sobering halt.

Sales of luxury homes plunged last month, compared with the same period last year, according to the local MLS.

Amid rising mortgage interest rates and economic uncertainty. Affluent buyers are shying away from Boston’s priciest Boston condos for sale, the MLS numbers show.

Non-luxury Boston condo sales also saw an unprecedented dip.

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