US holiday home market cooled in 2016, but still second best sales in a decade

Holiday home sales in the United States cooled off in 2015 but remained at the second highest amount in nearly a decade, new research shows. The survey report from the National Association of Realtors also shows that investment purchases increased for the first time in five years. And mirroring the strong price growth seen throughout the US, the median sales price of both holiday and investment homes surged in 2015. They Investment and Vacation Home Buyers Survey, covering existing and new home ...