For about the last four years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported. Continue reading
With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are ready to cash out on existing homes and use their cash power to buy a new home, fueling price growth. Continue reading
Fears about possible recession and burgeoning trade war are keeping luxury buyers at bay, says new Redfin report. Other reports echo similar sentiments about the luxe market. Continue reading