Sunday, June 1, 2008

40% of Super-Wealthy Consumers Plan to Purchase a Home in the Next Year

Good news for those who work in the luxury housing market. Of consumers earning $500,000 or more:
  • 40% say they plan to purchase a home in the next 12 months
  • 33% say their purchase would be a second home
  • 25% would be buying home number three

Source: Harrison Group, 2007

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