While Large Cities Flounder, Second-Home Markets—Especially Those With Low Taxes—Are Seeing a Surge in Luxury Sales

Despite limited inventory and elevated mortgage interest rates, sales soared in vacation, second-home and low-tax markets during the first half of the year in the U.S., according to a report from Compass, released Wednesday.

The brokerage’s ultra-luxury report analyzed residential transactions and sales volumes at $10 million and above across 76 U.S. markets.

View the full report here.