The strong luxury real estate market of the past two years will continue for the remainder of 2022 and into 2023 despite high inflation, rising interest rates and stock indexes that have posted double-digit losses on the year. That is one of the main conclusions of the new 2022 Mid-Year Luxury Trends Report recently released … Read more
Luxury-Home Sales Sink 18%, the Biggest Decline Since the Start of the Pandemic. Redfin analysis finds the luxury-housing market is cooling down amid a slumping stock market, rising mortgage rates and economic uncertainty. Sales of luxury U.S. homes fell 17.8% year over year during the three months ending April 30, the largest drop since the … Read more
An extreme concentration of wealth in a city where even the air is for sale has produced a new breed of needle-like tower. By Oliver Wainwright
The UK’s student boom has seen a spate of new, expensive, high-spec studio flats for them to live in, even as local residents are desperate for affordable accommodation. From Coventry to Cambridge, are universities starting to resemble property developers – and does this help or hurt our cities?
High-end housebuilder says transaction levels in London and south-east have been hit by tax increase