NAIL240816P124000
- 1.36
- -1.19-46.67%
Direxion Daily Homebuilders & Supplies Bull 3X Shares Newsroom
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The luxury property market in the USA is rebounding, with property valued at 0.1 billion US dollars expected to double in sales this year.
According to the latest report, the sales of properties worth 0.1 billion dollars are expected to double this year, mainly due to the strong performance of the financial market and people's expectations of interest rate cuts, which has promoted the recovery of the ultra-luxury real estate market. This is in sharp contrast to the sluggish national real estate market in the United States, which still faces problems of high interest rates and shortage of housing. Cities such as Manhattan, Palm Beach, and San Francisco have seen many transactions in ultra-luxury property trade.
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