Luxury Real Estate Demand Up in Established Northern Cities, Slows in Miami
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Chicago, New York City, and Bridgeport saw increased interest in luxury real estate listings compared to last year.
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Luxury housing supply fell over 10% in these cities while prices rose by double digits.
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These established northern cities offer financial stability and opportunities for the wealthy.
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Miami saw luxury listing views drop over 25% as housing supply rose 40%.
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New York remains appealing despite remote work as people value its lifestyle, culture, restaurants, and more.