August Highlights for Luxury Market Report
The report is a guide to the luxury real estate market in North American. It provides an overall analysis with trends, and showcases comparative data on the top-residential markets throughout Canada and the United States.
This month’s report showcases the market statistics for North America month over month as well as the 13 month trend.
It also provides more in-depth statistics about Northern Virginia
In this month’s review we look at why buying a home is an escalator to wealth.
As demand for luxury homes is decreasing and continuing putting pressure on the value of these properties, is it still possible for see an escalation of wealth?
We explore some of the niche opportunities available in the current market.
Recognizing that the affluent are forgoing materialistic goods and investing more in comfortable environments that create a sense of wellness.
From opportunities for homeowners in the traditional market to step into high price points to growth occurring in secondary markets
We review how developers are also leveraging niche markets from gentrification to redesign of of mega mansions. .
Look to see how these findings could also prove relevant to you in your market and your property type.
It is my responsibility as your REALTOR to ensure that when others around you are lowering their expectations, that it is the time us to switch gears and discover how to leverage these the market effectively to achieve your goals.