Florida the exception as US luxury home prices decline
- 1Luxury home prices across the US have fallen year-over-year for 31 consecutive months.
- 2In October, the national entry price for US luxury homes based on the top 10% of listings was approximately $1,197,014, a 2.3% decrease from the previous year.
- 3The Miami-Fort Lauderdale-West Palm Beach metro saw a 4.1% increase in luxury entry prices.
So what's the key point?
Luxury home prices across the US have been falling for 31 months. However, the Florida region saw an exception with prices rising by 4.1 percent.
Source Fortune · View original ↗
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