"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.
The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
New Jersey’s second-largest city bans standalone data centers
Jersey City will continue to allow co-location facilities, such as those meant for research institutions that store their own data.
Amtrak not solely to blame for New Jersey commuter rail's unreliability, report finds
A new study from the Garden State Initiative found that NJ Transit’s budget grew 20% across a 4 year period, but reliability declined significantly over the same period.
EPA erases limits on planet-warming pollution from power plants
Under Monday’s plan, power plants would still have some limits on how much mercury, arsenic and other contaminants they can emit.
Phoenix announces new on-demand transit service, more frequent RAPID buses
Both new services will launch in October, and are part of Phoenix's Project Effective Access Solutions for Easing Congestion.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association