Housing Boom: Sales of Million-Dollar Homes Double

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Sales of previously owned homes jumped more than 20% in September from a year earlier, but sales of homes costing more than $1 million more than doubled.

The housing market is on a tear, setting all kinds of records, including prices. But it's also a reflection of the uneven economic recovery and more first-time homebuyers are getting priced out.

(Image credit: Justin Sullivan/Getty Images)