Sales of luxury homes experienced a minimal decline of 1.7% in the fourth quarter, marking the smallest drop in sales since mid-2021. This news follows a recent report highlighting the record peak in luxury home prices. The market for high-end properties seems to be showing resilience amidst the fluctuating real estate landscape.
Key points:
– Sales of luxury homes saw a year-over-year decline of just 1.7% in Q4.
– This represents the smallest decline in luxury home sales since mid-2021.
– Recently, luxury home prices reached a remarkable record peak.
– The luxury real estate market appears to be demonstrating strength and stability in the face of market fluctuations.
– The impact of this positive trend on the broader real estate sector remains to be seen.
You can read this full article at: https://wrenews.com/luxury-home-prices-hit-record-peak/
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