Luxury home prices in the U.S. rose 5.2 percent year over year to an average of $1.9 million in the second quarter of 2018, according to real estate brokerage Redfin. This is lower growth than in the first quarter, when prices were up 7.3 percent. The Redfin analysis tracks home sales in more than … Read more
What’s Going on with Luxury Home Prices? Luxury home prices inched up 0.8 percent in the second quarter of 2016 compared to last year, according to real estate brokerage Redfin. Redfin’s quarterly analysis tracks luxury sales in more than 1,000 cities across the U.S. and defines a home as luxury if it is among the … Read more
London Luxury Home Prices Increase to Record as Foreigners Dominate Market London’s luxury-home values have accelerated this year as wealthy individuals seek a haven for their money in areas such as Belgravia, Knightsbridge and Mayfair. Values rose 1.1 percent in the fourth quarter compared with 5.5 percent in the first three months of the year, … Read more