While other industries struggled over the past year, housing lifted the economy nationally and locally. For every two homes sold in the U.S., one job is created. Miami dollar volume showcases the impact housing plays in the local economy
Single-family home dollar volume increased 246.7% year-over-year, from $508.6 million to $1.8 billion. Condo dollar volume increased 457.9% year-over-year, from $296.9 million to $1.7 billion.
Source: World Property Journal 6/7/21