Emerging Markets

Emerging Luxury Markets Gain High-End Ground

Mid-sized metros are adding luxury depth as seven-figure listings expand beyond traditional coastal anchors in NY and California nationwide for high-end buyers. Entry-level luxury nationally reached ~$1.27M in Early-Q2, ↑~2% MoM, but remained ~2% below its yearly comparison after extended pricing softness lasting 25 mo. Transition markets showed faster scaling:...