The Luxury Real Estate Market’s Surprising Resilience.
Despite economic uncertainties, the luxury real estate market continues to show resilience. High-end properties are still in demand, driven by wealthy buyers seeking investment opportunities and personal retreats. In cities like New York and Los Angeles, luxury homes are selling quickly, often above asking prices. This trend is attributed to the limited supply of ultra-luxury properties and the ongoing appeal of real estate as a stable investment amid stock market volatility.