After nearly two years of steady advances, we believe the run-up in high-end home prices will continue.
Learn more about What's next for the luxury home market?
What's next for the luxury home market?
With signs pointing to a stronger U.S. economy and global growth in 2014, J.P. Morgan anticipates that home prices, particularly in the luxury segment, are likely to climb steadily higher during the course of the year.
Several important economic forces are supporting this trend: strengthening household balance sheets, mortgage rates remaining near historical lows, and solid financial market returns.