Housing Market News
Luxury Market
August’s Most Expensive Home Sales: Rosie O’Donnell’s Former Miami Mansion, Kauai Compound Once Owned by Julia Roberts
Four of last month’s most expensive sales were in coastal Florida, and one was a Beverly Hills estate previously home to billionaire real estate developer
July’s Most Expensive Home Sales Include Spelling Mansion, Obama’s Former Summer Retreat
Four of last month’s 10 most expensive home sales were in Southern California, five were in coastal Florida and one was on Martha’s Vineyard. A
Here Are the Most Expensive Home Sales of May
All of last month’s most expensive home sales were in Southern California, Florida or Manhattan. A Bel Air estate was the most expensive home sale
There Are 7 Major Metros Where You Can Still Buy a Luxury Home For Less Than $1 Million. Five Years Ago There Were 30.
The number of major metros where you can buy a luxury home for less than $1 million has shrunk from 30 to seven since 2020.
Luxury Pending Home Sales Fall 10% to Lowest April Level in Over a Decade as Stock Market Volatility Sidelines Wealthy Buyers
The typical U.S. luxury home sold for $1,348,065 in April, up 6.5% from a year earlier, but down slightly from the record high set in
Here Are the 10 Most Expensive Home Sales of March
Half of last month’s most expensive home sales were in beachfront Florida, but an Oahu compound took the number-one spot. Hawaii was home to the
Luxury-Home Purchases Sink a Record 45% to the Second-Lowest Level on Record
That outpaces the record 37% decline in sales of non luxury homes. The supply of luxury homes for sale is also near historic lows. Sales
Million-Dollar Homes Are Becoming Less Common as High Mortgage Rates Cool the Market
The share of U.S. homes worth at least $1 million has fallen to 7% from 8.6% last June as the housing market cools. Just over
Luxury-Home Sales Sink 38%, the Biggest Decline on Record
That outpaced the 31% decline in non luxury home sales—which was also a record drop—but there are early indicators that homebuyer demand may inch back.
Luxury-Home Purchases Plummet 28%, the Biggest Drop on Record
The decline was roughly twice as severe in the Bay Area. High-end homebuyers are backing off as rising interest rates, inflation, a tepid stock market
Luxury-Home Sales Sink 18%, the Biggest Decline Since the Start of the Pandemic
The luxury-housing market, which experienced a meteoric surge last year, is coming back down to earth amid a slumping stock market, rising mortgage rates and
Vacation-Home Demand Rose 83% Above Pre-Pandemic Levels in November
Interest in second homes remains strong as buyers race to lock in low mortgage rates and employers introduce permanent rules for remote work. In November,
