Category : Economic Insights
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways: Single-family home prices have increased sharply in Miami-Dade County since the pandemic, up 77%...
Buyer Momentum Strengthens in Miami Market Area in August 2025
By Gay Cororaton, Chief Economist, MIAMI Realtors® Key Takeaways Single-family pending sales rose 4.7% while condominium/townhome sales rose 0.9% in August 2025. The median...
New York Developer and WeWork Founder Lead Miami’s Largest Multifamily Development
By Gay Cororaton, Chief Economist, MIAMI Realtors® Key Takeaways 35,000 multifamily units expected to be delivered in the Miami-Fort Lauderdale-Palm Beach market area in...
Southeast Florida Home Sales to Rebound in 2026 as Mortgage Rates Hit 6%
By Gay Cororaton, Chief Economist, MIAMI Realtors® Key Takeaways Mortgage rates are likely to stabilize at 6% in 2026 from 6.7% in 2025. Single-family...
Miami-Dade: Ranked No. 1 in the U.S. in Jobs Growth
By Gay Cororaton, MIAMI REALTORS Chief Economist Miami-Dade County had the highest employment growth in 2025 Q1 among the nation’s 10 largest counties, according...
Southeast Florida Distressed Sales Remain at Historic Lows
By Gay Cororaton, MIAMI REALTORS Chief Economist The low level of distressed sales is arguably the most telling indicator that today’s housing market is...
Southeast Florida Single-Family Inventory at a Healthy 6 Months Supply
By Gay Cororaton, MIAMI REALTORS Chief Economist In July 2025, active inventory of single-family home rose to 6 to 7 months’ supply reflecting a healthy...
Miami-Dade: Most Multifamily Units Under Construction in the U.S.
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Miami-Dade market area is undergoing the most intense construction activity among 90 major markets,...
Southeast Florida Housing Permits Up 14% in the First Half of 2025 Bucking National Decline of 2%
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Housing units authorized in the first half of 2025 in Southeast Florida rose 14%, bucking the...
Miami Metro Rent Growth Outpacing Most Sunbelt Markets
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Multifamily asking rents rose at a stronger pace in June 2025 in the Miami Metro...

