In this report, the current statistics for the luxury market in North America month over month are reviewed, as well as the 13-month trend.
The report recognizes the biggest trend currently experiencing the most media attention – the declining level of sales – and review why there may be room for more optimism in the upcoming spring market.
February’s statistical data for both single-family and attached properties sales could indicate the start of change, as they both show an upward trend for sales.
New York and San Francisco are two markets reporting upticks in sales, but equally, markets that offer more affordability or potential price growth properties are seeing some increased demand as well.
