Miami-Dade Luxury and Ultra-Luxury Price Thresholds Rise as Global CEOs Relocate
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Luxury (top 5%) and ultra-luxury (top 1%) price thresholds rose in 2026 Q1 in Miami-Dade,...
Category : Economic Insights
South Florida Real Estate Continues to Outperform the Nation
By MIAMI REALTORS Chief Economist Gay Cororaton Key Takeaways Homes that went under contract in March (pending sales), a leading indicator of closed...
Miami-Dade Office Sales Rise; South Florida Commercial Fundamentals Strong
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Amid rising macroeconomic risks and geopolitical uncertainty, commercial sales volume in the first quarter of...
Miami Sees Double-Digit Spike in Domestic Migration; New York, California, and Texas Lead Inflows
By Gay Cororaton, MIAMI REALTORS Chief Economist South Florida continues to see strong out-of-state migration in 2026 Q1 compared to one year, based on...
South Florida Office Market Leads the Nation
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways: Office vacancy rate in the West Palm Beach-Boca Raton Market Area was 11.3% and 12.8%...
Palm Beach County: #1 in the Nation in Net Inflow of Income from Domestic Migration Per Latest IRS Tax Data
Gay Cororaton, Chief Economist Key Takeaways: Palm Beach County is #1 in the nation with largest net flow of income due to domestic migration totaling...
South Florida $1M & Up Home Sales Hit All-time Highs
By MIAMI REALTORS Chief Economist Gay Cororaton Key Takeaways South Florida home sales rose for the second consecutive month in February 2026, up 5.4%...
Geopolitical Tensions Could Push Mortgage Rates to Near 7% in 2026
By MIAMI REALTORS Chief Economist Gay Cororaton Key Takeaways Geopolitical tensions that have pushed oil prices to over $100/barrel could push inflation to an...
South Florida Affordable Housing Construction on the Rise Because of Live Local Act
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways 5,427 units in Fully Affordable buildings and 7,250 units in Partially Affordable buildings are under...
New York, Texas, and California: Top States Switching Jobs to South Florida
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways In 2024, 55,244 out-of-state workers switched to a Miami Metro Area job, led by...