Prices Increasing in the Luxury Market

"It's a tale of two markets," says Danielle Hale, chief economist for Realtor.com.
September 21, 2018, 6am PDT | James Brasuell | @CasualBrasuell
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"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.

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Published on Wednesday, September 19, 2018 in Mansion Global
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