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Nov. 24, 2024
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Real estate

Nearly half of luxury homes sold this spring purchased all-cash: Redfin

July 25, 2024

Sales in the luxury sector saw a tentative rise of 0.2 percent, making for a third consecutive quarter of growth. Image credit: Redfin Sales in the luxury sector saw a tentative rise of 0.2 percent, making for a third consecutive quarter of growth. Image credit: Redfin

 

By Emily Iris Degn for Luxury Daily News Service

A new report from real estate brokerage Redfin reveals that the closing price of high-end U.S. properties hit record levels in the second quarter of 2024.

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  1. Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
  2. The Ritz Carlton, Missoni launch beach club in Bali
  3. Baccarat pulls incoming CEO from Printemps
  4. ‘Hermès in the Making’ pop-up continues world tour in Zurich
  5. Lexus logs 25 years of 'December to Remember'
  6. Audemars Piguet unveils collaboration with artist Kaws
  7. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  8. 2024: The challenge for luxury amid global and regulatory changes
  9. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
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