Housing Market News
Luxury Market
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
Luxury Home Prices Bounce Back, Rising 1.2% in Early Summer
Luxury real estate prices are rising as the coronavirus pandemic drives demand for extra bedrooms, home offices, big backyards and pools
Luxury Home Prices Dropped 2.3% This Spring, Reversing Course From Pre-Pandemic Growth
Momentum in high-end home-price growth changed course with the onset of the coronavirus pandemic, but the latest data shows luxury home prices are starting to rebound.
Luxury Housing Prices Strengthen in Fourth Quarter, But Still Have Room to Grow
The luxury real estate market ended the year in a better place than it started, but growth still remains below its peak.
Luxury Housing Market Stabilized in the Third Quarter After a Weak First Half
With sales up and supply down, the luxury market moderated after the first two quarters were marred by nerves about an impending recession.
Luxury Housing Market Remains Chilly: Prices up Just 1% Amid Falling Sales and Surging Supply in the Second Quarter
High-end home prices rebounded slightly in the second quarter, but sales continued to drop and supply surged.
Luxury is Becoming More Attainable. Here’s What Luxury Homes for Sale Look Like Around the Country
For the first time in years, the average sale price for luxury homes nationwide fell to $1.55 million in the first quarter of 2019.
