Luxury-Housing Market in the U.S. is Cooling Down. Luxury-Home Sales Analysis

Luxury-Home Sales Sink 18%, the Biggest Decline Since the Start of the Pandemic. Redfin analysis finds the luxury-housing market is cooling down amid a slumping stock market, rising mortgage rates and economic uncertainty. Sales of luxury U.S. homes fell 17.8% year over year during the three months ending April 30, the largest drop since the … Read more

Despite Cooling in Price Growth, High-End Homes in the U.S. Sold Faster Than Ever. Report.

  Luxury home prices in the U.S. rose 5.2 percent year over year to an average of $1.9 million in the second quarter of 2018, according to real estate brokerage Redfin. This is lower growth than in the first quarter, when prices were up 7.3 percent. The Redfin analysis tracks home sales in more than … Read more