Housing Market News
Luxury Market
Florida’s Luxury Market Pulls Away From the Pack, With Miami and Tampa Posting Double-Digit Price Increases
The luxury housing market in parts of Florida is outperforming the U.S. luxury market as affluent buyers flock to the Sunshine State, fueling high-end demand.
California Dreamin’: $130M Bel Air Estate Tops July’s Priciest Home Sales
July’s top four priciest home sales were in Southern California, followed by two Manhattan townhouses, a handful of Florida estates and an Arizona compound. A
Beachfront Florida and Coastal California Ruled June’s Ultra-Luxury Home Sales
The most expensive home sale of June was a $71 million waterfront estate near Palm Beach, followed by a Beverly Hills compound. A beachfront estate
A Tale of Two Markets: Luxury Home Prices Are Rising 3 Times Faster Than Non-Luxury Prices
Luxury U.S. home prices are up 4.7% year over year, compared to a 1.5% increase in non luxury prices, as homebuying demand from affluent people
Florida Dominates May’s Most Expensive Home Sales, Led by a $75 Million Boca Raton Deal
A Boca Raton mansion within a private golf course community and two apartments in New York City are among May’s most expensive home sales. A
Luxury Home Prices Rise Amid Uptick in High-End Homebuying and Selling
The median luxury sale price is up 4% year over year—more than double the gain in non luxury prices. Luxury pending home sales are also
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
For-Sale Shortage Hits the Beach And Sends Vacation Home Prices Soaring
Getting away got pricier and sales slowed.
Luxury Housing Market Rebounded at the End of 2015
The luxury home market rallied at the end of 2015, ending a nine-month slowdown. But the future for the top of the market remains cloudy.
Home Prices in the Luxury Market Fell This Summer for the First Time Since 2012
Does a dip in luxury home prices indicate that wealthy buyers and foreign investors are stepping out of the market?
Sales of Million-Dollar-Plus Homes Growing, But Who’s Buying Is Shifting
Sales of homes for $1 million and more continued to solidly outpace the rest of the housing market in the third quarter.
2014 Luxury Report: Sales of Priciest 1% of Homes Climb While Rest of Home Sales Still Down
Home sales so far this year are lower than they were in 2013, but there’s one sliver of the housing market that’s going strong: the very top of it. Sales of the priciest 1 percent of homes are up 21.1 percent so far this year, following a gain of 35.7 percent in 2013.
