October 2022 Luxury Market Report
October 2022's Luxury Market Report explains the statistics for the luxury market in North America month over month, as well as the 13-month trend.
“Where is the luxury real estate market headed?”
A lot of confusion has been created by the media, and experts, as well as contradictions within the market itself. The report looks at both the real estate market and influences outside the industry to better understand why there is so much disparity between markets, price points, and property types.
Today the overall luxury real estate market is still favorable to sellers.
The report looks into some of the parameters indicating that there is a downward trajectory, as well as those that might halt or reverse this trend.
It is important to understand that the art of selling and buying should always include an analytical approach to truly appreciate the realities, rather than just listening to the market rhetoric