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.
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
