November’s Highlights for Luxury Market Report

• The report is a guide to the luxury real estate market in North American.  It provides an
  overall analysis with trends and highlights comparative data on the top-residential markets
  throughout Canada and the United States.
• This month’s report displays the market statistics for North America month over month as
  well as the 13-month trend.
• North America’s luxury real estate market remains balanced, showing stability and maturity
  rather than volatility.
• October saw luxury sales rise year-over-year and month-over-month for both single-family
  and attached homes.
• Inventory is expanding, giving buyers more choice, but pricing discipline remains strong.
• The single-family segment recorded a 9.9% annual and 6.5% monthly increase in sales.
  Inventory for single-family homes is up 14.6% year-over-year; prices dipped only 0.7%.
• Attached luxury homes (condos/townhomes) saw sales up 3% year-over-year and 2.2%
  month-over-month. Median sold price for attached homes declined 7.35%, likely due to a
  shift toward lower-tier luxury purchases.
• Overall pricing remains firm, with sales-to-list ratios around 98%, indicating realistic sellers
  and confident buyers.
• Market performance varies significantly across regions—some areas remain tight and seller-
  leaning, while others face slower absorption – what is creating this diversity?
  • Affluent migration and regional wealth flows are among the strongest forces shaping
    demand and pricing.
  • Lifestyle priorities—wellness, climate, and flexibility—are now key determinants in
    luxury home decisions.
  • Supply constraints continue to favor pricing strength; oversupplied markets face
    moderation.
  • Urban cores regaining vibrancy and resort or lifestyle-driven communities remain
    top performers.
• Buyer confidence is critical - as are local stability in economy, politics, and safety.
• The market overall is stable but highly segmented, with success defined at the local level.
• For homeowners looking to sell or buy their luxury home in today’s market we recommend
  working with a realtor who can provide you with critical knowledge about your local
  market, maintain a high level of security during the transaction and knows how to leverage
  technology to provide maximum exposure and assistance.

It is my responsibility as your REALTOR to ensure that when others around you are lowering
their expectations, that this becomes the time for us to switch gears and discover how to
leverage the market effectively to achieve your goals.