North American Real Estate Market Report from a CLHMS

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As we close out the first half of 2025, the luxury real estate market in North America has presented a narrative of disciplined resilience over the past six months.

While broader economic uncertainty, especially around interest rates, has created a more cautious

environment, luxury real estate has proven remarkably steady, with median sold prices holding firm, inventory levels rising, and buyer behavior becoming increasingly strategic.

Now at the midpoint of the year, the market is expected to continue reflecting a balance or resilience, recalibration, and restrained momentum as both buyers and sellers navigate shifting conditions. EARLY 2025: A STRONG START WITH RISING CONFIDENCE