Report: Luxury Home Prices Reach Record Highs
by Breitbart
Breitbart— Prices for luxury homes in the United States have reached a record high, rising nearly nine percent in the first quarter of 2024, twice as much as the prices of non-luxury homes.
Kiplinger—Why Luxury Home Sales Are at an All-Time High. The average price of a luxury home in the U.S. sold for a record $1.225 million in the first quarter of 2024, up 8.7% from a year earlier, Redfin shows.
@cityam—London rents hit record highs – but price increases are slowing. Average advertised rents in London are now 5.3 per cent higher than last year, but there are signs that the pace of price increases are slowing, a leading property portal has found.
Drudge Report—Luxury real estate prices just hit an all-time record. BOOM: Luxury real estate prices hit all-time record (Third column, 9th story, link) Related stories:BUST: Mall favorite EXPRESS bankrupt