Sotheby’s sold record $108B in luxury homes in 2017

Sotheby’s International Realty sold a record $108 billion worth of real estate in 2017 — a 14 percent jump from the year prior, the company said. In the U.S., sales rose from $85 billion in 2016 to $96 billion last year. International sales increased from $10 billion to $12 billion. “The U.S. business grew faster than the overall market partly due to pent-up demand in the luxury space and some very strong operating franchisees,” CEO […]

Source: Real Estate

Leave a Reply

Your email address will not be published. Required fields are marked *