"It's a tale of two markets," says Danielle Hale, chief economist for Realtor.com.
"America’s secondary cities have recorded robust luxury price growth, with at least 20 counties posting double-digit gains over the past year," reports Beckie Strum.
That data from the most recent issue of a monthly report by Realtor.com.
"Cities on the Gulf Coast of Florida as well as Seattle, Las Vegas and Nashville, Tennessee, and their environs all recorded double-digit price increases over the past year," adds Strum.
The activity contrasts with slowing growth in the overall market.
FULL STORY: U.S. Secondary Cities Show Robust Growth in Luxury Market
Study: Boston Luxury Housing Supply Doesn't Satisfy Local Demand
Most people living in Boston's most expensive condominiums aren't from Boston, according to new research.
Institutional Investors Gaining a Larger Footprint in the Housing Market, Report Says
The locations with the fastest growing populations are seeing the most dramatic increase in investor-owned single-family housing rentals.
Wall Street Suddenly Buying Fewer Single-Family Homes
Rising interest rates are having a major effect in the housing market—including on the large institutional investors who spent much of the past couple of years buying up single-family homes.
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25% resulting in 1,900 jobs lost.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Wind Energy on the Rise Despite Federal Policy Reversal
The Trump administration is revoking federal support for renewable energy, but demand for new projects continues unabated.
Passengers Flock to Caltrain After Electrification
The new electric trains are running faster and more reliably, leading to strong ridership growth on the Bay Area rail system.
Texas Churches Rally Behind ‘Yes in God’s Back Yard’ Legislation
Religious leaders want the state to reduce zoning regulations to streamline leasing church-owned land to housing developers.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
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