US EditionLuxury Housing Market Loses Spring Momentum, Metro Phoenix Sees Price Cuts - Greater Phoenix In Business Magazine
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Luxury Housing Market Loses Spring Momentum, Metro Phoenix Sees Price Cuts - Greater Phoenix In Business Magazine
The luxury housing market tapped the brakes in April. Financial volatility led both buyers and sellers at the high end to hit pause, according to Zillow‘s latest look at the luxury housing market. The typical luxury home — defined as the top 5% most valuable homes in each region — is now worth about $1.8 million nationwide, and more than double that in six major metros: San Jose, Los Angeles, San Francisco, Miami, San Diego and New York. These h…
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