Sales of homes listed at $2 million and above fell 16% in the first quarter, the sharpest annual decline since 2010, according to Redfin, a real estate brokerage.
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![GP: Luxury home with swimming pool](https://image.cnbcfm.com/api/v1/image/101976001-luxury-home.jpg?v=1556725840&w=630&h=354)
A luxury home with swimming pool is shown in Naples, Fla.
A. Kurtz | Getty Images