"It's a tale of two markets," says Danielle Hale, chief economist for Realtor.com.
"America’s secondary cities have recorded robust luxury price growth, with at least 20 counties posting double-digit gains over the past year," reports Beckie Strum.
That data from the most recent issue of a monthly report by Realtor.com.
"Cities on the Gulf Coast of Florida as well as Seattle, Las Vegas and Nashville, Tennessee, and their environs all recorded double-digit price increases over the past year," adds Strum.
The activity contrasts with slowing growth in the overall market.
FULL STORY: U.S. Secondary Cities Show Robust Growth in Luxury Market
Study: Boston Luxury Housing Supply Doesn't Satisfy Local Demand
Most people living in Boston's most expensive condominiums aren't from Boston, according to new research.
Institutional Investors Gaining a Larger Footprint in the Housing Market, Report Says
The locations with the fastest growing populations are seeing the most dramatic increase in investor-owned single-family housing rentals.
Wall Street Suddenly Buying Fewer Single-Family Homes
Rising interest rates are having a major effect in the housing market—including on the large institutional investors who spent much of the past couple of years buying up single-family homes.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.
Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.
Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.
MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.
Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
Urban Design for Planners 1: Software Tools
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.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Caltrans
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Mpact (founded as Rail~Volution)
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