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.

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