Is the Luxury Housing Market in a Slump?

According to Redfin.com, an online blog about the luxury real estate market, the global economic volatility rocked the U.S. luxury housing market in the first quarter of 2016, with the average sale price of luxury homes slipping 1.1% compared to last year.
To read more, go to: https://www.redfin.com/blog/2016/05/is-the-luxury-housing-market-in-a-slump.html