January 2023 Luxury Market Report

“January’s report reviews the current statistics for the luxury market in North America month over month, as well as the 13-month trend. In this month’s report, we review the luxury real estate market of 2022. We specifically look at the predictions for 2022 against the reality of what actually happened in order to understand the specific impacts on the market throughout the year. 

Finally, we summarize what to expect as we move further into 2023.

It is important to understand that the art of selling and buying should always include an analytical approach to truly appreciate the realities, rather than just listening to the market rhetoric." - Luxury Market Report