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
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
