Luxury Marketer

Real estate

Bidding war era over in US real estate

June 11, 2026

Demand for luxury real estate remains strong in key markets as global affluence increases Demand for luxury real estate remains strong in key markets as global affluence increases. Image credit: Shutterstock

 

New data shows the average home is now selling below its asking price – a sharp U-turn from the pandemic frenzy of 2021 and 2022.

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