US Luxury Housing Becomes More Accessible for Buyers
US Luxury Housing Becomes More Accessible for Buyers
The US luxury housing market slowed in early 2026, with luxury home sales down 2.4% year over year and median luxury prices rising 3.6%, the slowest growth since 2021. Higher mortgage rates and economic uncertainty kept many buyers cautious. Inventory rose slightly, but San Francisco's luxury market surged, with a 22.2% sales increase and median prices hitting a record $6.8 million, driven by strong demand and lower mortgage rates.