Tag Archives: luxury market

Luxury consumers brought fresh energy to the housing market in 2023 as their ability to pay cash for a home and ignore the lock-in effect increased, according to a new Coldwell Banker Global Program report.

According to Redfin, luxury-home purchases and investment properties plummeted 45% as the supply of luxury homes also nears historic lows.

The latest report from Luxury Portfolio International shows real estate means more than money.