Luxury Market Stronger Than Ever
Industry leaders say the high-end market, particularly for homes priced above $10M, is continuing to gain strength, with all-cash deals the norm.
NEW YORK — Despite widespread economic uncertainty and a cooling real estate market, the luxury segment remains resilient in 2025.
Industry leaders point to continued strength in the ultra-high-end sector, especially for homes priced above $10 million, typically purchased in cash. Elevated interest rates have made all-cash deals the norm, with buyers gravitating toward turnkey properties and listings that reflect strategic price adjustments.
Demand remains high for new construction and move-in-ready homes, while limited inventory continues to spark competitive bidding in top-tier markets. Experts suggest that recent stock market volatility has driven more investors to view real estate as a stable, tangible asset.
International interest is also rising, spurred in part by the visa program offering a path to U.S. citizenship for individuals investing $5 million or more. With nearly 70,000 applicants, the program could generate up to $350 billion in investment, much of it likely to enter the residential or commercial real-estate markets. South Florida and Los Angeles communities have seen the priciest sales this year.
Source: Inman (07/08/25) Dickerson, Lillian
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