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Luxury Real Estate Prices Soared to New Heights in 2021

Low interest rates and a hot stock market fueled a drive in the luxury housing market this year. Sales priced at or over $50 million rose 35% year over year, according to a report from appraiser Miller Samuel, as reported by Bloomberg. That marks a record high, topping 2020 levels, the previous record.

Link to Article: https://www.bloomberg.com/news/articles/2021-12-21/super-luxury-home-sales-surged-across-america-rising-35-in-2021

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