Housing Market

Luxury Market

Is the Luxury Housing Market in a Slump?

Global economic volatility rocked the U.S. luxury housing market in the first quarter of 2016, as the average sale price of luxury homes fell 1.1 percent compared to last year. The decline followed a year of weakening luxury home price growth. Redfin defines the luxury market as the most expensive 5 percent of homes sold in […]
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