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Blog Archives

Luxury Home Prices Increased Due to Recent All-Cash Bu...

Demand holds strong for Luxury Homes in Q3 as affluent buyers are choosing to make their purchases with all cash offers as a way to avoid higher interest rates being offered in the current market, reports Redfin.

Global Luxury House Prices Increased by and Average of...

Across the 46 Prime Global Cities studied by Knight Frank in their Prime Global Cities Index 2023 Q3 report, the average annual prices recorded had a growth rate of 2.1% over the last year, from September 2022 until September 2023.

Telluride Records 12 Luxury Home Sales Above $10M in Q...

Telluride had 12 Luxury Home Sales above $10M in Q3, according to the Q3 2023 Telluride Real Estate Market Report. Overall, Telluride had 16 single-family home sales in Q3 totaling $84M. In addition, another 36 condo sales totaled another $90M for Q3 of 2023 in Telluride, Colorado.

Calgary Home Sales Increase to Record Highs in Septemb...

Even with low inventory and heightened interest rates, home sales across Calgary are noted to be at record highs for September 2023.

Manhattan’s Resilient Real Estate Market: 2% Pri...

Manhattan’s real estate market has shown resilience in the third quarter with a 2% price increase year-over-year.

Oahu Luxury Market Update & August 2023 Top Sales

Luxury single-family home sales increased by 50% over last month to tie with June of this year for the higher number of homes sold since August 2022. Homes sold for the highest median price since January 2019; over 50% of them sold at or above list price, according to Hawaii luxury real estate agent, Caron B Davis, and information from the Honolulu Board of …

Prime Urban Markets Experience Price Growth in the Sec...

Luxury home prices increased across prime urban markets in the second quarter of 2023, with the largest year-over-year increase seen in Dubai, according to Knight Frank’s Prime Global Cities Index for Q2 of 2023.

Ultra-Luxury Home Sales Increase in Second-Home and Lo...

Overall ultra-luxury real estate sales were down, but certain markets experienced an increase in ultra-luxury home sales, priced at $10M or higher, during the first half of 2023, according to Compass’ 2023 Mid-Year Ultra-Luxury Report.

Supply Increases Quarter-Over-Quarter for Miami Beache...

Supply began to increase across Miami Beaches in the second quarter of 2023, as markets begin to normalize.

Canada’s Luxury Home Markets Remain Strong in th...

According to Engel & Volkers 2023 Mid-Year Canadian Luxury Market Report, luxury real estate markets across some of Canada’s largest centers have continued to show stable growth, and remain strong despite economic uncertainties.

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