Southeast Florida’s Spring Market is More Favorable for Buyers with More Housing Supply
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways: Active inventory for single-family homes is at 5 to 6 months’ supply in the Tri-County...
Category : Economic Insights
Miami-Dade County’s Job Growth in 2024 Q3 Outpaced the US and the 10 Largest Counties
By Gay Cororaton, MIAMI REALTORS Chief Economist Miami-Dade County led the largest 10 counties in terms of employment growth in 2024 Q3, with employment...
Southeast Florida’s Asking Rents Poised to Continue Rising in 2025
By Gay Cororaton, MIAMI REALTORS Chief Economist Here are our key takeaways in our January 2025 Southeast Florida Rental Market Report that you can...
South Florida Commercial Real Estate Sales Volume Rose 36% to $12.5 Billion in 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist In 2024, total commercial sales volume rose 36% to $12.5 billion on a combined basis in the...
Southeast Florida’s Hot Housing Markets in December 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist Hot housing markets have rising sales, rising prices, tight inventory levels (6 months’ supply or less), and...
Miami Single-Family Home Luxury Price Threshold Rises to $3.3M and Ultra-Luxury to $10M
By Gay Cororaton, MIAMI REALTORS Chief Economist Million-dollar homes continued to gain ground in 2024 in Southeast Florida with demand driven by wealthy buyers coming...
Southeast Florida’s Rental Market Ends Strong in 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist As high mortgage rates continued to put many potential homebuyers on the sidelines, Southeast Florida’s residential rental...
Southeast Florida’s Hot Housing Markets in November 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist Elevated mortgage rates have continued to be a drag on the housing market, but there are areas of...
New York, California and Texas: Top States Moving to Miami in 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist New York, California, and Texas were the top origins of people who moved to Miami-Dade County in 2024,...
South Florida Million-Dollar Home Sales Continue Gaining Larger Market Share
By Gay Cororaton, MIAMI REALTORS Chief Economist Sales of million-dollar homes purchased by cash buyers continued to gain market share in 2024. Million-dollar sales accounted...