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Luxury home sales rise as starter-home demand lags, research finds

The split comes alongside more starter-home inventory and an uptick in price cuts, highlighting pressure on entry-level buyers.

Reported · Written up by our desk · Residential

CNBC Markets reports that a growing divide in the housing market is showing up as luxury homes sell faster while sales of starter homes fall.

The outlet cites research showing starter-home buyers are struggling even as inventory increases and more homes see price reductions.

CNBC Real Estate relays the same theme, pointing to a K-shaped pattern in housing where higher-end demand remains comparatively resilient while entry-level segments face more headwinds.

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