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Texas rich in luxury homesTexas rich in luxury homeshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=128082016-04-11T05:00:00Z

​WASHINGTON, D.C. – Three Texas cities are among the 20 top nationally in the number of "luxury" listings, according to Coldwell Banker Previews International’s latest annual Luxury Market Report.

A luxury home is one priced at $1 million or more.

Houston had 696 listings in this price bracket. Austin had 460 and Dallas 420.

New York City ranked first on the list with 3,662 listings.

In terms of sales, Austin did especially well.

"Sales of $1 million-plus homes last year jumped 32 percent year-over-year in Austin, which is seeing a boom in its tech and entertainment industries," said the National Association of Realtors in an article about the report.

National Association of Realtors®
Houston-The Woodlands-Sugar Land
Housing
http://realtormag.realtor.org/daily-news/2016/04/11/top-20-cities-for-luxury-sales-revealed?om_rid=AABRjy&om_mid=_BXC-jiB9MgU3TA&om_ntype=RMODailyRead more at {Source}

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