Across the world, luxury-home sales get a reality check

http://www.msn.com/en-us/money/realestate/across-the-world-luxury-home-sales-get-a-reality-check/ar-BBsXRJT

Naples has a lot of luxury properties and I think we are starting to level off.  This article points to the main reason being the stock market. I love this quote in the article. "You can't have massive double-digit growth year after year after year," Conn said. "In some ways, there is a limit."

Sales in a sector whose average home prices start at $2.2 million slowed in 2015, increasing by 8 percent, half its 2014 pace. The decline most likely reflects stability rather than weakness, according to a report released Thursday by Christie's.