New developments are seeing strong interest from foreign buyers, too.
Subscribe to RR1 Live+ for exclusive virtual events all year long , conversations with Robb Report editors, special perks, and more.Blackstone Group’s Former CIO Lists His Connecticut Mega-Mansion for $47.5 Million
Newly released market reports by some of New York’s biggest and busiest real estate brokerages indicate that despite historically high interest rates and a lack of inventory, wealthy buyers have shown thatare still very much in demand. According to a new third-quarter report by Compass, the number of contracts signed for homes asking $20 million or more spiked 300 percent year-over-year. At the same time, luxury deals were up 23.6 percent on a quarterly basis, per Douglas Elliman.
Compared to last year, Compass found that properties priced in the $5 to $10 million and $10 to $20 million ranges only decreased 1.9 percent and 2.6 percent, respectively. To Slater’s point, ultra-luxury inventory levels fell 7 percent from last year, the biggest drop in any price bracket. The shortage has causedhome currently stands at $1.17 million, a 2 percent rise from 2022, according to Corcoran. When it comes to the top 10 percent of the market, the median luxury home price clocks in at $6 million, a 4.3 percent uptick from last year.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
'Fair Play' Director on Selling the Steamy Thriller at Sundance Following Critical AcclaimThe movie was purchased by Netflix for a staggering $20 million.
Lire la suite »
Newsom Strikes Down Unemployment Benefits To Striking Workers, Citing $20 Billion DebtGov. Gavin Newsom said he vetoed the bill because of a budget shortfall of almost $20 billion in the state unemployment fund.
Lire la suite »
Harris County jury duty pay has been increased from $20 to $30In a decision made by the Harris County Commissioners Court on Sept. 19, the compensation for the initial day of jury service has been increased from $20 to $30.
Lire la suite »
Best Early Amazon Prime Day 2023 Deals Under $20Amazon Prime Day 2023 is back for round two this October, and there are so many great deals under $20 — see our picks
Lire la suite »
McMullen Museum unveils $20 million gift of works by Picasso, Sargent and HomerThe works comprise the largest single gift of paintings to the museum in its thirty year history.
Lire la suite »
Kyle Richards Called This $20 Bodysuit a 'Great Staple to Have'RHOBH's Kyle Richards recommended this 'really comfortable' mock turtleneck bodysuit, only $20 from Amazon — details here
Lire la suite »