Housing Market News
Luxury Market
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
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
The Bay Area Leads August’s Most Expensive Home Sales With a $70M Hillsborough Estate
August’s top 10 list was dominated by the Bay Area. Mega-mansions in Southern California, Florida and Hawaii also made the list. A Bay Area estate
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
