Housing Market News
Luxury Market
Sales of $2 Million-Plus Homes Decline for First Time in 2 Years as Prices Tick Up
Volatility on Wall Street and global economic uncertainty may have contributed to a decline in high-priced home sales in the luxury market. The average sale price for luxury homes nationwide rose 4.7 percent annually to an average of $1,772,000 in the fourth quarter of 2018. That’s on par with the annual growth seen in the
Luxury Home Prices Up 3.2 Percent Annually in the Third Quarter, the Lowest Growth Rate in Nearly Two Years
Supply of homes priced $2 million or more fell 6 percent from a year earlier, as inventory overall inched up. Luxury home prices rose 3.2 percent year over year to an average of $1.7 million in the third quarter of 2018. This is the lowest growth rate since the fourth quarter of 2016, when prices
Luxury Home-Price Growth Slows to 5 Percent in the Second Quarter
Despite Cooling in Price Growth, High-End Homes Sold Faster Than Ever
Shrinking Supply Sends Prices for Luxury Homes Up Nearly 8 Percent in First Quarter
Number of Luxury Homes for Sale Fell 20 Percent, Marking Four Consecutive Quarters of Decline
Luxury Home Prices Up 7 Percent in the Fourth Quarter
Stock market gains and soaring investor confidence set the stage for high demand for luxury homes as 2017 came to a close. Luxury home prices rose 7.4 percent year over year to an average of $1.76M.
Luxury Home Prices Up 7.5 Percent in the Second Quarter, Outpacing the Rest of the Market for the First Time Since 2014
High-end home prices saw the biggest jump in Irvine, California and fell furthest in Miami.
Sales of $2 Million-Plus Homes Decline for First Time in 2 Years as Prices Tick Up
Volatility on Wall Street and global economic uncertainty may have contributed to a decline in high-priced home sales in the luxury market. The average sale price for luxury homes nationwide rose 4.7 percent annually to an average of $1,772,000 in the fourth quarter of 2018. That’s on par with the annual growth seen in the
Luxury Home Prices Up 3.2 Percent Annually in the Third Quarter, the Lowest Growth Rate in Nearly Two Years
Supply of homes priced $2 million or more fell 6 percent from a year earlier, as inventory overall inched up. Luxury home prices rose 3.2 percent year over year to an average of $1.7 million in the third quarter of 2018. This is the lowest growth rate since the fourth quarter of 2016, when prices
Luxury Home-Price Growth Slows to 5 Percent in the Second Quarter
Despite Cooling in Price Growth, High-End Homes Sold Faster Than Ever
Shrinking Supply Sends Prices for Luxury Homes Up Nearly 8 Percent in First Quarter
Number of Luxury Homes for Sale Fell 20 Percent, Marking Four Consecutive Quarters of Decline
Luxury Home Prices Up 7 Percent in the Fourth Quarter
Stock market gains and soaring investor confidence set the stage for high demand for luxury homes as 2017 came to a close. Luxury home prices rose 7.4 percent year over year to an average of $1.76M.
Luxury Home Prices Up 7.5 Percent in the Second Quarter, Outpacing the Rest of the Market for the First Time Since 2014
High-end home prices saw the biggest jump in Irvine, California and fell furthest in Miami.
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