🏡 August Luxury Market Report: Demand Remains Resilient

The latest North American Luxury Market Report provides an in-depth look at leading residential markets across Canada and the United States, including month-over-month statistics and a 13-month trend analysis.

July’s data reveals that luxury real estate demand continues to outperform 2025—even during the typical summer slowdown. Buyers are purchasing a greater share of available homes while inventory remains below last year’s levels, shifting the market toward sellers, particularly in the single-family segment.

However, today’s affluent buyers remain highly selective. Exceptional, appropriately priced properties are attracting strong interest, while dated, overpriced or less distinctive homes are taking longer to sell.

Scarcity is also increasing the value of sought-after features, including:

• Prime locations
• Privacy and significant land
• Exceptional views
• Architectural quality
• Turnkey condition

July brought the first year-over-year increase in new single-family listings this year, suggesting that more sellers may be returning to the market. The quality of this new inventory will be critical: additional supply will only improve buyer choice when desirable, well-located and move-in-ready homes become available.

As we move through the second half of 2026, property quality, pricing and desirability—not broad market conditions alone—will increasingly determine who holds the advantage.

Whether you are buying or selling, informed local guidance, strategic marketing, transaction security and maximum exposure matter. When others are lowering their expectations, it may be time to switch gears and discover how we can leverage the market to achieve your real estate goals.

Contact me for the complete report and a confidential conversation about your local luxury market.

Kind regards,
Ursula