Housing Market News
Luxury Market
Shrinking Supply Sends Prices for Luxury Homes Up Nearly 8 Percent in First Quarter
Number of Luxury Homes for Sale Fell 20 Percent, Marking Four Consecutive Quarters of Decline
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.
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.
How the Top 1% Fared in the Housing Crash
Five years after the crash, the economy may not be back on its feet, but the ultra-rich are sitting pretty. According to new research done by UC Berkeley, the richest one percent of Americans captured 95 percent of the income growth in the United States between 2009 and 2012. With homes always on our mind, this stunning stat made us wonder: How did the top 1% of homes fare the housing crash?
Luxury Home Sales Hit 6-Year High
As the housing market and the economy both continue to recover, the luxury housing market is making big gains as well.
