In the first quarter, the luxury real estate market experienced a significant surge in the number of homes for sale, marking a notable 12.6% increase from the previous year. This rise in inventory represents the largest growth on record, indicating changing trends in the industry.
Key points:
– Total number of luxury homes for sale rose by 12.6% from the previous year
– Recorded as the biggest increase in inventory on record
– Reflects shifting dynamics in the luxury real estate market
For more information on the record-breaking surge in luxury home inventory, visit Weekly Real Estate News for additional insights and updates on the latest trends in the industry.
You can read this full article at: https://wrenews.com/median-luxury-home-price-at-new-record-high/
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