"New York's Luxury Housing Market Booms Despite Sluggish Economy. Despite concerns about the slowing US housing market, the luxury sector in New York appears to be thriving. According to recent data, 2025 saw a surge in high-end city condos, with sales reaching new heights among the city's elite. As the city's most affluent residents continue to snap up pricey properties, experts are left wondering if the luxury market's resilience is a sign of a broader economic trend or simply a reflection of the city's enduring allure."
For all the hand-wringing about a sluggish American housing market, the luxury sector seems to be doing just fine, especially in New York, especially at the very top. In 2025, more city condos, ...
