New York’s luxury home market recently had its strongest week in a year for luxury home sales.
Luxury home sales ruled Teton County’s first quarter real estate market for 2023, according to recent statistics.
Luxury home sales across Canada are predicted to increase in the second quarter of 2023.
The real estate market is moving very quickly and comparing a month’s numbers to that of the same month in the previous year is no longer relevant and doesn’t give a clear picture of what is going on.
A strong seller’s market persists across Seattle’s luxury real estate market according to statistics from Realogics Sotheby’s International Realty.
The Luxury Division at Compass Real Estate just released its Ultra-Luxury Report, an analysis of over 50 real estate markets and their sales of $10 million and above since 2019.
“Luxury homes continued to sell quickly and saw a significant increase in price per square foot in November.” Says Oahu Luxury Real Estate Agent Caron B Davis.
“There has been a slowdown in luxury home sales but it’s not all doom and gloom.” Says Oahu Luxury Real Estate Agent and LuxuryHomes.com Affiliate, Caron B Davis.
The luxury real estate market in Austin may be one to watch despite recent price declines, as buyers looking for greater market value from out of state look towards Texas.
Trends of increasing home prices are predicted to slow as economic changes begin to affect buyer demand, and the market adjusts from a strong seller’s market to a more balanced market, however, demand for luxury homes may be less affected as affluent buyer demand continues according to recent reports.