It is one of the most beautiful homes in the country, but the luxury-home market is far from dead.
In fact, according to research firm IBISWorld, luxury-housing sales in the United States have been growing faster than any other segment of the market.
The company says that luxury-property sales rose by a whopping 11.5% year-over-year last year.
“Sales in this segment were up 8.2% year over year, which is an all-time high,” IBISGlobal analyst Brian Wieser said in a statement.
The growth was driven largely by the rise in the value of luxury-hotels, which have been increasing in value and the number of buyers.
“Luxury-hotel sales are up in a number of different ways, from an increase in the number who can afford a property, to more people willing to invest in their properties and who are willing to spend money on amenities,” Wieseer said.
“There is also an increase of interest in luxury-condos as well, as well as condominiums.”
The luxury market is also in the midst of a renaissance.
For example, The Beverly Hilton, the iconic hotel in Beverly Hills, is now a popular destination for wealthy visitors and celebrities alike.
The hotel is now the third most-visited hotel in the world, according the real estate firm Zillow.
The Beverly Hills Hotel opened in 1955 and is the oldest continuously operating luxury hotel in California.
Today, the hotel is a symbol of the state’s wealthy residents.
However, the current market is experiencing an explosion in luxury homes, according IBIS.
The luxury-house market is growing at an explosive rate.
In 2016, the U.S. market for luxury homes grew by nearly a million units, according data compiled by IBIS World.
The market for condos grew by over 5,000 units, while the luxury market for single-family homes grew nearly 4,000 percent.
These numbers indicate that luxury home sales are on the rise, as is the overall market for condominium and single-families.
The IBIS report also noted that the luxury property market has a lot of pent-up demand.
“The current boom in the luxury housing market is due to the demand from wealthy buyers who want to live near their most expensive properties,” Wierser said, “but there is still plenty of pent up demand in this market.”
A new luxury home that will be a home away from home, the new wave of luxury houses are set to become a real estate staple for many people.
But if you want to get in on the frenzy, IBIS predicts that it will take a long time before these homes will become a common sight in our citys neighborhoods.
The luxury home market has been growing at a record rate in the U