Housing Market News
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
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.
Second-Home Demand Rose 70% From Pre-Pandemic Levels in October
While demand for vacation homes has cooled slightly since the start of the year, it’s expected to remain above pre-pandemic levels as Americans take advantage
Supply of Affordable Homes Posts Record Gain as Mortgage Forbearance Ends
In the luxury market, demand remains strong but has cooled from its pandemic peak as a return to normalcy has affluent Americans spending their savings
Second-Home Demand Jumps in September, Bouncing Back After Summer Slowdown
Demand for second homes was up 60% from pre-pandemic levels in September, an uptick from July’s 40% increase but still below March’s record growth. In
Demand for Second Homes Fell 19% Year Over Year in August
Still, interest in vacation homes will likely remain above pre-pandemic levels for the foreseeable future due to the permanent shift to remote work for many
Prices of the Most and Least Expensive U.S. Homes Are Surging the Fastest
Luxury-home prices soared 26% year over year in the second quarter, while prices of the most affordable homes grew 19%. Both segments outpaced the rest
High-End Home Sales Surge Nearly Twice as Fast as Sales of Mid-Priced Homes
Purchases of high-end homes jumped 26% in the three months ending April 30, versus a 15% increase for mid-priced homes. High-end sales rose the most
