Housing Market News
Luxury Market
Luxury-Home Sales Rise 42% In First Quarter, Far Outpacing 7% Growth In Affordable-Home Sales
Sales of high-end homes are outperforming as wealthy Americans take advantage of steady paychecks, remote work and low mortgage rates during the pandemic. Sales of
Demand for Vacation Homes Soared 84% Year Over Year in January, Symbolizing Uneven Financial Recovery in the U.S.
Pandemic-driven demand for vacation homes is continuing into 2021 as mortgage applications for second homes see their eighth consecutive month of 80%-plus growth. Demand for
West Palm Beach Luxury Home Sales Soar a Record 116% In Fourth Quarter as Wall Street Moves South
Affluent New Yorkers are flocking to Florida in search of sunshine and lower taxes during the pandemic. It’s fueling the luxury housing markets in West
Luxury Home Sales Surge a Record 61%, Quadrupling Pre-Pandemic Growth as America’s Wealthiest Homebuyers Reap Gains of Uneven Economic Recovery
Sales of luxury homes significantly outpaced the 7% growth in sales of affordable homes this fall, as affluent Americans were more likely to have the
Trump Condos Fetch a 10% Premium Over Similar Luxury Units, Down From 34% in 2016
The analysis, which excludes New York City, also found that 57% of condos in Trump-branded buildings mention “Trump” in the online listing description, down from
Luxury Home Sales Surge 42% in the Third Quarter as Sales of Affordable Homes Falter, Highlighting the Pandemic’s Uneven Impact on Americans With Less Wealth
A relative abundance of expensive homes is supporting sales at the high end and giving luxury homebuyers plenty of options to choose from. Meanwhile, sales
Luxury Home Prices Up 7 Percent in the Fourth Quarter
Stock market gains and soaring investor confidence set the stage for high demand for luxury homes as 2017 came to a close. Luxury home prices rose 7.4 percent year over year to an average of $1.76M.
Luxury Home Prices Up 7.5 Percent in the Second Quarter, Outpacing the Rest of the Market for the First Time Since 2014
High-end home prices saw the biggest jump in Irvine, California and fell furthest in Miami.
Luxury Housing Market Off to a Strong Start in 2017
Trump appointee home purchases contribute to 33 percent price surge in D.C.’s luxury market.
Luxury Home Prices Were Nearly Flat Last Quarter; Rest of the Market Showed Substantial Gains
The average luxury home sold for $1.6 million last quarter, according to Redfin research. Click to see the most expensive sales and which cities fared best.
Move Over Miami: Luxury Home Prices Soar in Delray Beach and Boca Raton
Nationally, luxury home prices inched up 1.4 percent in third quarter.
Boom or Bust? What’s Going on with Luxury Home Prices?
Luxury home prices inched up 0.8 percent in the second quarter of 2016 compared to last year, to an average of $1.66 million, according to
