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45°
Sunday, apr 28
Tag:
2022 Luxury Housing Market
Real Estate
How 2022 New Canaan Luxury Housing Market Compared To Other Areas Of Fairfield County: Report
A lack of supply caused the 2022 luxury housing market to sharply decline in Fairfield County compared to 2021, according to a new report. The decline in sales, which were down by double digits, was fueled by a high demand for a low amount of available residences, according to a report released by the Houlihan Lawrence real estate brokerage on Thursday, Jan. 5. "At first glance, the logical conclusion is a slowdown in the luxury market. However, the data suggest strong buyer demand in a sharply supply-constrained market," said Houlihan Lawrence Vice President Anthony Cutugno. H…
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