09/11/2026
Very interesting statistics.
Million-dollar homes are no longer rare. The share of owner-occupied homes worth $1M+ grew from 2% in 2005 to 8% in 2024, highlighting how decades of home price appreciation have reshaped the luxury market.
https://www.nar.realtor/news/economists-outlook/what-housing-data-teaches-us-about-mansion-taxes-housing-markets-and-timing