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Stock impact report

Forget Florida—South Carolina Low Country Is the Top U.S. Luxury-Home Market [Barron's]

News Corporation - Class B (NWS) 
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Company Research Source: Barrons
Southern waterfront communities Hilton Head Island, Bluffton and Beaufort, South Carolina. The metro area ranked No. 1 in the fourth quarter of 2022 on The Wall Street Journal/Realtor.com Emerging Housing Markets Index, released Wednesday, shooting up from 12th place the previous quarter. The region, often referred to as the Low Country, attracts buyers interested in amenities such as boating, golf and miles of beaches—and the warm weather to match. Plus, buyers coming from high-cost areas see they can get a lot more for their money in the area, according to Catherine Donaldson of the Bluffton-based Donaldson Group at Daniel Ravenel Sotheby's International Realty. More: In Coastal South Carolina, This Waterfront Mansion Sits on a Car-Free Island “What has happened in the last few years, particularly during the height of the pandemic, is that these areas became kind of safe havens for people—mostly from the Northeast, although I have worked with more people from California in t Show less Read more
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