Luxury markets rebound in some very unexpected cities; Jupiter Island #1 in US

 

Christie’s International Real Estate study titled “Luxury Defined.”

From Realtor.com: Jupiter Island was crowned the top U.S. market seeing the biggest year-over-year jump in the number of luxury sales in 2015, at 52%, according to a recent Christie’s International Real Estate study  titled “Luxury Defined.”

The report looked at the world’s “comeback” markets, where sales of high-end properties began to rebound last year from the dark days of the recession.

A luxury property was defined as having a sale price of at least $1 million, although the threshold was higher in certain markets.

For the complete story: http://www.realtor.com/news/trends/luxury-markets-rebound/

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