TAHOE CITY, Calif. (Feb. 3, 2025) — A landmark Lake Tahoe estate has sold for $27.5 million, setting a new record for lakefront sales on the California side since May 2022. This sale marks a strong start for the 2025 luxury real estate market in Tahoe.
In 2024, the Lake Tahoe real estate market demonstrated remarkable resilience and growth despite broader economic uncertainties, rising interest rates, and market corrections seen in other regions.
South Mississauga Real Estate ended Q4 2024 with steady growth in property values and sales, according to a market update from LuxuryHomes Affiliate, The Papousek Team, with RE/MAX Realty Enterprises Inc., Brokerage.
Luxury home prices are expected to increase throughout 2025 faster than their non-luxury counterparts for the first time in years, according to various housing predictions for 2025.
In the latest reports, the average home sale price in Naples has increased by 2.7% year-over-year.
Supply is on the rise in one of Canada’s largest cities, but not across all price ranges, according to the Calgary Real Estate Board (CREB).
Though home sales decreased slightly throughout Canada in 2024, the Canadian Real Estate Association (CREA) predicts home sale activity to increase in the second quarter of 2025.
Demand for luxury homes across Canada remains resilient amid wavering consumer confidence, with Calgary’s luxury real estate market surpassing the rest of Canada’s major cities in Q3 2024.
As prices stabilize across Canada’s luxury real estate markets, the fall of 2024 is predicted to see an increase in luxury home sales in all major cities across the country, according to Royal LePage® experts.
Luxury home sales across the United States are improving in the first half of 2024 thanks to a well-performing stock market.