Mansion sales are booming as the rich seek shelter from trade war fallout — ‘real estate is safer’

• Sales of homes prices at $10 million and above have shot up recently, according to a Wall Street Journal analysis of real estate data. That coincides with the start of President Donald Trump's trade war, which has caused whiplash on financial markets as stocks crashed then rebounded sharply after the highest tariff rates came down.

The U.S. housing market remains largely frozen, but mansions have been hot lately as wealthy Americans turn to high-end properties amid market volatility and economic uncertainty.