The luxury market has been “reignited,” according to Realtor.com.
Sales of million-dollar homes rose 25 percent nationwide in June—the biggest bump in four years, according to Realtor.com. The biggest change occurred in the Northeastern and West Coast markets, along with Florida.
The new report attributes the trend both to an increase in consumers' ability to pay—thanks in part to the growth high-paying jobs—as well as continuously rising housing costs pushing more and more homes above a million dollars.
FULL STORY: Why are Americans making more million-dollar home buys?
Median Home Prices Top $1 Million in Over 200 California Towns
Towns once known for their affordability are seeing sharply rising home prices.
All-Cash Home Sales on the Rise
Cash buyers are becoming more common in many U.S. real estate markets, even as the housing market begins to cool.
Home Prices, Demand on Downward Trajectory
The once-overheated housing market continues to cool as rising interest rates reduce demand.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.
Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.
LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
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This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
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Learn the tools for implementing Universal Design in planning regulations.
Central Transportation Planning Staff/Boston Region MPO
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