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How the luxury home market is being impacted by high rates

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Brown Harris Stevens

According to data from Redfin, US luxury home prices have rose 9% year-over-year in the first quarter. As mortgage rates remain high and inventory remains...

from Redfin, US luxury home prices have rose 9% year-over-year in the first quarter. As mortgage rates remain high and inventory remains low, even the luxury home market is feeling the impact.to give insight into the current trends of the luxury real estate market as they relate to the rest of the real estate market.

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Homebuyers 'can't catch a break' in this market: Redfin CEODespite the prevailing high interest rate environment, US pending home sales data released on Thursday revealed a surprising 3.4% climb in March. To shed...
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