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...
Category : Economic Insights
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...
South Florida Million-Dollar Home Sales Surge 24%
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways South Florida’s housing market started off strong in January 2026, with single-family and condominium sales...
Southeast Florida Ranks No. 1 in the U.S. For Most Multifamily Construction
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Asking rent growth in the Miami Metro Area rose 0.9% in December 2025 while asking...
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...
Miami-Dade Home Equity Gains Nearly 2X the National Figure
By Gay Cororaton, MIAMI REALTORS Chief Economist With prices rising robustly and on a sustained basis for the past 14 years, Southeast Florida homeowners...
South Florida Ultra-Luxury and Luxury Home Thresholds Rise to Record Highs
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways The luxury price thresholds rose in all markets, with the top 1% (uber-luxury threshold) rising...
Lower Mortgage Rates Drive 14% Sales Surge in Southeast Florida Home Sales
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Southeast Florida’ housing market finished strong in December 2025, with single-family sales up 14.4%...
South Florida Commercial Sales Volume Jumps to Highest Level Post Pandemic
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Commercial real estate sales of multifamily, office, industrial, and retail real estate in Southeast Florida...
Domestic Migration to Miami-Dade, Broward Increases with New York Again as Top Feeder State
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Out-of-state driver license exchanges in Miami-Dade County rose 12% from the prior year, with 23,878...