Luxury home interest doubles as US draws global wealth in 2026
Of that, $2.2 billion, or nearly 60%, was driven by the top 1% to 5% segment, which posted a 7.8% increase year-over-year and captured 42.8% of single-family dollar volume in May 2026.
The median sold price for the top 5% rose 8% year-over-year, while the broader top 10% trailed at 4.7%.
Cash is the accelerant. Almost two-thirds (63%) of Luxury Property Specialists reported an increase in all-cash purchases among their clients, up from 51% a year earlier.
Blaylock was direct about what is fueling acquisitions at the top end. “A luxury home can be built almost anywhere, but land is finite,” she said. “Features like waterfront acreage, historic estates, or expansive ranches are in high demand, but they require space to maintain and build. Affluent buyers are purchasing properties with that in mind.”
For brokers, the supply picture bears watching. Nearly 60% of Luxury Property Specialists expect inventory to edge higher in the second half of 2026, according to the report.