14-08-2018 22:19 via rismedia.com

Luxury Market on Record Streak

The luxury market is on a record streak, with double-digit growth in 19 of the largest markets in the nation, according to the July Luxury Home Index by realtor.com®. High-end homes are moving rapidly, with age of inventory at 108 days—11 days faster than in July 2017—and $1 million-plus properties on the rise.
“The strong economy is bolstering demand for luxury homes,” says Danielle Hale, chief economist for realtor.com. “They are selling fast, a
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