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
Luxury home sales in the US dove by 28.1% year over year during the 3 months ending Aug. 31, 2022 — eclipsing the 23.2% drop in luxury sales at the height of the pandemic, Redfin data shows
Douglas Elliman's revenue declined in Q2 as the housing market — particularly the luxury sector — struggled with slower activity, the company said in its 3rd earnings report as a public company
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