Tag Archives: Real Estate Market Report

While various industries across the globe come to a halt amid the recent coronavirus outbreak, the world of luxury real estate goes on. Impacts can start to be felt in luxury real estate, with sevarities varying from region to region. Real estate markets worldwide attempt to anticipate and brace for glooming economic impacts of the ongoing pandemic on the industry. …

Anticipated by supply, demand, sales trends, and economic and social indicators, Knight Frank’s latest Prime Global Forecast outlines the estimated real estate market outlook for 2020. Drawing knowledge from this, real estate in Paris, Berlin and Miami can be expected to experience the largest price growth over the next year, compared to other top performing cities across the globe.

While looking at the 3rd quarter real estate market report for Monroe County and Bloomington IN, it is evident that there has been a decline in the average market price for both single-family homes and luxury condominiums. These pricing decreases are slight and fairly typical for this time of year, going into the 4th quarter. 

While looking at the real estate market report for Tampa, Florida, it is evident that this spring is off to a very strong start. A contributing factor to Tampa’s current market influx seems to be due to a substantial increase in demand of buyers from higher tax states, like California and those in the North-East of the country.