Luxury Housing Market News - Redfin

Housing Market News

Boom or Bust? What’s Going on with Luxury Home Prices?

Luxury home prices inched up 0.8 percent in the second quarter of 2016 compared to last year, to an average of $1.66 million, according to a new analysis from Redfin. The quarterly analysis tracks luxury sales in more than 1,000 cities across the country and defines a home as luxury if it is among the

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 percent compared to last year. The decline followed a year of weakening luxury home price growth. Redfin defines the luxury market as the most expensive 5 percent of homes sold in

Boom or Bust? What’s Going on with Luxury Home Prices?

Luxury home prices inched up 0.8 percent in the second quarter of 2016 compared to last year, to an average of $1.66 million, according to a new analysis from Redfin. The quarterly analysis tracks luxury sales in more than 1,000 cities across the country and defines a home as luxury if it is among the

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 percent compared to last year. The decline followed a year of weakening luxury home price growth. Redfin defines the luxury market as the most expensive 5 percent of homes sold in

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