For about the last 4 years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported
With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are cashing out existing homes and using cash power to buy a new one, fueling price growth
Fears about possible recession, burgeoning trade war are keeping luxury buyers at bay, says new Redfin report