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Nov. 13, 2024
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Real estate

Nearly half of all luxury homes sold in Q3 were purchased in cash: Redfin

November 9, 2023

The surging median sale price is said to be at the highest level of any third quarter in Redfin’s records. Image credit: Redfin Real estate brokerage Redfin's Q3 report shows that median sale prices for high-end homes have surged 9 percent year-over-year, reaching $1.1 million. Image credit: Redfin

 

By Luxury Daily News Service

U.S. luxury home prices are rising nearly three times faster than those of non-luxury, according to new findings.

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  1. Diageo launches new division for luxury brands, experiences
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  4. Rolls-Royce brings new showroom to Abu Dhabi
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Loro Piana, Harrods celebrate holidays
Luxury Unfiltered: Crisis or opportunity? Why luxury brands must focus on strategy, not fear

Loro Piana, Harrods celebrate holidays
Diageo launches new division for luxury brands, experiences
Manolo Blahnik opens first Shanghai store