The home is located in the Chelsea Barracks development, a 13-acre parcel of land that sold for more than $1 billion in 2008.
Dave Burt, CEO of investment research firm DeltaTerra Capital, believes an overlooked climate risk could see history repeating itself in the housing market.
Retail egg prices are at record highs. Those costs feed into elevated prices for some other groceries, contributing to overall food inflation, economists said.
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