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%...
Category : Economic Insights
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...
New York Counties Continue to Lead Migration Into Southeast Florida
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways New York counties (New York County, Nassau County, Suffolk County) and Los Angeles were the top...
40 Southeast Florida Cities Have a $1 Million+ Median Home Sales Price
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Forty Southeast Florida areas now have a median sales price of $1 million or more,...
Miami is America’s Leader in Apartment Construction and Rents on Larger Buildings Are Increasing
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways The average rent per unit in buildings with over 50 units rose at a modest...
Southeast Florida Single-Family and Condo Sales Surge Double Digits Year-over-Year
By MIAMI REALTORS Chief Economist Gay Cororaton Key Takeaways: Single-family and condominium/townhome closed sales surged a remarkable 13% across all five Southeast Florida counties...
Fort Lauderdale Ranked. No. 1 in Multifamily Investment Profitability
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Fort Lauderdale led 30 market areas in multifamily investment profitability, with the highest cap rate...
Miami-Dade County Land Sales Surge; Fueled by Population and Job Gains
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Land sales in Southeast Florida rose to $4.8 billion in the first three quarters of...
Southeast Florida Commercial Sales Volume Rose 18% to $9.6 Billion in 2025 Q1-Q3
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Commercial sales rose to $9.6 billion in the first three quarters of 2025 in the...
California-to-Miami Migration Trend Accelerates
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways: Miami-Dade County out-of-state driver license exchanges rose 3% in 2025 Q1-Q3. California is the fastest-growing...