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Austin luxury homes buck the national housing slowdown

Original: Austin luxury homes are bucking the housing slowdown. Here's why

Luxury home sales in Austin, Texas are defying a broader housing market slowdown, according to reporting by the Austin American-Statesman. While higher mortgage rates have cooled much of the US housing market, the high-end segment in Austin continues to perform strongly. The report examines the reasons behind the divergence, drawing attention from buyers, sellers and market watchers tracking where the property market is headed next.

Why now: The housing market slowdown is a major concern, and news that one segment is thriving despite it draws wide interest.

AustinAustin American-StatesmanUS housing market

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