Category : Economic Insights
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...
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...
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...
Falling Mortgage Rates Kick Up Home Buying in South Florida
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Single-family sales surged 14.3% and pending sales rose 10.3% in November 2025. Seventy-five percent...
South Florida Boasts Robust Rental Demand and Climbing Occupancy Rates
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Rising rental occupancy lifts in-place rents by 2% in the Miami market area and 2.3%...
Lower Mortgage Rates and Rising Out-of-State Migration to Spark South Florida Home Sales
By MIAMI REALTORS Chief Economist Gay Cororaton Key Takeaways A continuing decline in mortgage rates to 5.8% by the end of 2026 and 5.7%...
Washington Leads Top States with Highest Annual Salary Moving to Miami
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Out-of-state job movers typically earn more in the destination job in the Miami Metro Area than...

