Category : Economic Insights
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways The expected home equity on a single-family home purchased 15 years ago at the median...
South Florida Homebuyers: More Global, Diverse, and Wealthier Than U.S. Average
By Gay Cororaton, MIAMI REALTORS Chief Economist MIAMI Association of Realtors® (MIAMI) latest Profile of Homebuyers in Southeast Florida Report validates the narrative that...
14 Consecutive Years of Home Price Appreciation for Miami Real Estate
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Halfway through 2025, home sales were lower from one year ago in all Southeast Florida...
South Florida Land Sales Surge: Leading Indicator of Future Real Estate Development
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Sales of residential, commercial, and industrial land in the counties of Miami-Dade, Broward, and Palm...
Southeast Florida Housing Outlook June 2025 Update: Home Sales Rebound in 2026 as Mortgage Rates Decline to Below 6%
Gay Cororaton, Chief Economist A decline in mortgage rates, the increase in state and local tax (SALT) deduction cap from $10,000 to $40,000, and the...
Miami-Dade Out-of-State Driver License Exchanges Are 22% Above Pre-Pandemic
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Out-of-state driver license exchanges in Miami-Dade County are 22% higher in the first half of...
Miami-Dade Median Single-family Home Price Rose for 162nd Consecutive Month
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Southeast Florida single-family home sales fell in May 2025 amid elevated mortgage rates and a...
Miami-Dade County Ranks No. 1 for Fastest Employment Growth
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Miami-Dade’s employment growth of 1.1% was the fastest among the 10 largest counties as of...
Miami Ranked No. 1 Office Market in the U.S.
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways The Miami market area posted the lowest office vacancy rate of 15.5% among 25 major markets...
City of Homestead Leads South Florida’s Land Sales Growth of 55% in 2025 Q1
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways: Sales of residential, commercial, and industrial land in the counties of Miami-Dade, Broward, and Palm...

