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Market of Mixed Expectations

the InstituteAll, Become a Luxury Professional, Luxury Trends, Research & Statistics Leave a Comment

Explore the Fall 2024 luxury real estate market trends, where buyer leverage is increasing due to rising inventory, prices are showing slight declines, and demand for customized, innovative homes is growing. With mortgage rates dropping and preferences shifting towards privacy, lifestyle amenities, and smart technology, sellers who tap into these trends will thrive in this competitive landscape.

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Luxury Market – 2024 Drivers and Nuances

The Institute for Luxury Home MarketingAll, Become a Luxury Professional, Luxury Trends, Research & Statistics Leave a Comment

The August 2024 Luxury Market Report provides a detailed analysis of the current trends in North American luxury real estate, including month-over-month and 13-month trend data. The report explores the resilience and growth of the market, the critical role of new inventory, price stability, and the impact of economic factors. It offers insights for real estate professionals and affluent buyers to navigate the evolving landscape and highlights the importance of staying attuned to buyer preferences and market dynamics.

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The October 2023 Luxury Market Report

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October’s report reviews the current statistics for the luxury market in North America month over month, as well as the 13-month trend. We review the status of September’s market, as this month is usually a good indicator of the direction the market is headed for the next few months.