Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say.
Source: Inman News
Luxury home purchases hit record low as buyers eye other investments
Published in 70375 Calico Road, Alin Glogovicean, Anaheim, california, cleveland, Industry News, kansas city, luxury, luxury lens, miami, Missouri, Nassau, new york, News Brief, pennsylvania, pittsburgh, Redfin, riverside, Select and Suffolk
More from AnaheimMore posts in Anaheim »
- Trump tariff policy has soured Canadian interest in US properties
- DOGE claims to have ‘recovered’ $1.9B in ‘misplaced’ HUD funds
- Home prices continued to climb in most US metro areas in Q4: NAR
- Home tours are on the rise — but buyers aren’t making offers
- Gary Keller on ChatGPT, iBuyers and companies that ‘rent’ their tech
More from californiaMore posts in california »
More from clevelandMore posts in cleveland »
- Home investors’ strategies vary by location: Here’s where they’re getting the most for their money
- October brought the strongest buyer’s market in 12 years: Redfin
- Veterans have been ‘priced out,’ left behind by the housing market
- How this agent went viral by falling in love with the home in his TikTok video tour
- Sellers outnumber buyers by 36% — but that figure is starting to shrink
More from Industry NewsMore posts in Industry News »
More from kansas cityMore posts in kansas city »
- Stock market gains push luxury homebuyers ahead in October
- Fallout over Fed policymakers’ investments reshaping the board
- Real estate portals feel the heat during a rough week: The Download
- Zillow pulls Matterport, more lawsuits, hidden mistakes: Top 5
- Realtor.com sued for copyright over attempt to capitalize on Taylor Swift engagement hype
More from luxuryMore posts in luxury »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- The most iconic house in Los Angeles is now for sale
- Why 2026 will reward those who plan with precision, not emotion: Mauricio Umansky
More from luxury lensMore posts in luxury lens »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- The most iconic house in Los Angeles is now for sale
- Why 2026 will reward those who plan with precision, not emotion: Mauricio Umansky
More from miamiMore posts in miami »
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Luxury’s next phase: What the 2026 buyer really wants
- Delistings and discounts jump as holiday season approaches
- Home investors’ strategies vary by location: Here’s where they’re getting the most for their money
More from MissouriMore posts in Missouri »
- New LGBTQ+ Alliance president talks about ‘opportunity in the chaos’
- Realtor.com sued for copyright over attempt to capitalize on Taylor Swift engagement hype
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Redefining leadership: How women lead differently in real estate
- Court gives 15 commission deals final approval in minutes-long hearings
More from new yorkMore posts in new york »
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Delistings and discounts jump as holiday season approaches
- ‘More persistent headwinds’ plague housing market as prices barely budge
- What saved my life — and why our industry must choose compassion over judgment
More from News BriefMore posts in News Brief »
More from pennsylvaniaMore posts in pennsylvania »
More from pittsburghMore posts in pittsburgh »
- Home investors’ strategies vary by location: Here’s where they’re getting the most for their money
- Veterans have been ‘priced out,’ left behind by the housing market
- Howard Hanna launches first rebrand in more than 40 years
- Low-fee brokers can offer quality, full service for less: Watchdog
- 7 metros where you can snag a luxury home for less than $1M
More from RedfinMore posts in Redfin »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Bayview merger positions Guild Mortgage for refinancing boom
- Zillow reverses course and removes climate data from listings
- Delistings and discounts jump as holiday season approaches
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
More from riversideMore posts in riverside »
- How the growing buyer power shift is reshaping the real estate market
- Here are the markets where homebuyers have the upper hand
- 2 Americas: Housing markets the Great Rebalancing has left behind
- Want to get more for your sellers? List in late May
- Home values have surged at 2X the normal rate since pandemic
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
Be First to Comment