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How Luxury and Starter Home Sales React Differently to Inventory Trends, And Why You Should Care

Friday, December 07, 2018   /   by Vanessa Saunders

How Luxury and Starter Home Sales React Differently to Inventory Trends, And Why You Should Care

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Some Highlights:
An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 80 consecutive months.

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Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258

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