Realtor.com: Luxury Softens as Supply Tops Demand
2017’s housing market was characterized by absent inventory and climbing prices—but at the higher end, those indicators softened, according to new realtor.com® research.
“Although 2017 was another strong year for the luxury housing market, it was once again outperformed by the U.S. market overall,” says Javier Vivas, director of Economic Research for realtor.com.
According to data from the portal, the luxury market’s “entry-level price,” or the top 5
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