![photo of a luxury home](https://www.strata-gee.com/wp-content/uploads/2023/03/Premier_YardSign_7-Old-Stable-Ln-RS.jpg)
Realtors Say Economic Uncertainty Has Frozen Buyers/Sellers
According to the latest data from national realtor Redfin, sales of luxury homes in the U.S. have declined a record -44.6% for the three-month period ending January 3, 2023, on a year-over-year (YoY) basis. That result outpaced the decline in sales of non-luxury homes of -37.5%.