Sample brief — all numbers, quotes and names are illustrative, not real responses.
Quarterly brief · Q3 2026
The Luxury Index
Agent-reported conditions in US luxury real estate · 52 agents, 12 markets
Composite
53.6
+5.9 vs Q2 20261. Sub-indexes
0–100 · 50 = no change · above 50 = stronger market
Demand
56.6
+2.5 vs Q2 2026Buyer activity vs. last quarter
Liquidity
52.7
+2.5 vs Q2 2026How easily $3M+ homes sell
Capital
61.1
+6.9 vs Q2 2026How buyers are funding purchases
Migration
53.1
+8.0 vs Q2 2026Net flow of buyers into the market
Cost pressure
44.5
+9.3 vs Q2 2026Effect of insurance, taxes and carrying costs
2. How agents answered
National share of agents choosing each answer · weighted score at right
Cost pressure showed a wide range of responses in 2 of 12 markets. See market-level responses →
3. Context
Reported alongside the index, never inside the score.
Cash buyers
47%
of luxury buyers paid cash (avg. reported) · 43% last quarter
Buyers coming from
- New York City24%
- Bay Area15%
- Los Angeles12%
- Chicago9%
Buyers going to
- Miami / Palm Beach26%
- Dallas/Houston14%
- Coastal Resorts13%
- Mountain Resorts11%
Top reasons for moving
- Tax31%
- Lifestyle24%
- Estate/family14%
- Work12%
- Climate10%
- Schools6%
- Other3%
4. From the agents
“Buyers above $10M are back, but they want turnkey. Anything needing a renovation is sitting.”
“Insurance quotes are killing deals on the water. Two of my buyers walked after the binder came in.”
“Most of my cash buyers this quarter sold a business in the last 18 months.”
Go deeper
- Market-level responses — every agent's answer, as anonymous dots by market
- Trend report — how the composite and the five categories have moved quarter to quarter