An Evergrande fire sale may crush prices, inflicting leveraged developers to blow up and crippling a sector comprising 1 / 4 of China’s economic system. The median sale worth of U.S. luxury homes jumped 25.8{2ee4d641bf8e1a1e2de879a7fe1d7a6f6f131b185567a8e13e515de85d86d645} yr over yr to $1,025,000 in the second quarter of 2021, marking report value development. That’s compared with 16{2ee4d641bf8e1a1e2de879a7fe1d7a6f6f131b185567a8e13e515de85d86d645} year-over-year development for mid-priced homes and 13.2{2ee4d641bf8e1a1e2de879a7fe1d7a6f6f131b185567a8e13e515de85d86d645} progress for inexpensive properties. The months’ provide of existing homes on the market has fallen to 1.9 months, the lowest level because the collection began in 1999. They don’t fill a lot of space—just thirteen,000 sq. feet—but the leases…