Gain valuable insights into South Florida’s real estate market and housing economy through our Economic Insights page, providing education and information on relevant legal topics shaping the industry.
Economic Insights
By Gay Cororaton, MIAMI REALTORS Chief Economist Sales of core real estate assets (multifamily, office, industrial, retail) in Miami-Dade County rose 15% year-over-year to $880 million in the first quarter of 2024. This is a turnaround compared to the 52% decline in sales in the first quarter of 2023. ......
More Sellers are Offering Concessions as Mortgage Rates,...
By Gay Cororaton, MIAMI REALTORS Chief Economist With mortgage rates rising to an average of 6.8% in March 2024, home prices up about 80% since 2019, active listings up 48% from one year ago, and the condominium market now a buyer’s market, more sellers are contributing to the costs associated......
Southeast Florida is Undergoing the Most Intense Multifamily...
By Gay Cororaton, MIAMI REALTOS Chief Economist Southeast Florida is undergoing intense multifamily construction activity as the area continues to post strong job growth, sustained migration, and challenging affordability conditions in the for-sale housing market. In 2024 Q1, Miami-Dade County had the highest share of multifamily construction as a percentage......
Driver License Exchanges in Southeast Florida Continue to...
By Gay Cororaton, MIAMI REALTORS Chief Economist Driver license exchanges from out-of-state movers continued to trend down in 2024 Q1 but are still above the pre-pandemic level. In 2024 Q1, 16,906 people who established residency in the counties of Miami-Dade, Broward, Palm Beach, and Martin exchanged their out-of-state driver license......
Miami Beach is Ranked #3 Largest Vacation Home...
By Gay Cororaton, MIAMI REALTORS® Chief Economist Southeast Florida is well-known as a vacation destination, but what does the data say? MIAMI REALTORS® crunched the data to find out the top vacation places in the United States and here’s what we found: Top Vacation Home Places[1] Nationally, there......
ZOOM: Leveraging Market Stats to Boost Your Business Series
May 22 @ 2:00 pm - 3:00 pmJoin us for the latest market statistics and information. Featuring Current Trends and Outlook: > Wha...
Find out more »ZOOM: Leveraging Market Stats to Boost Your Business Series
June 21 @ 2:00 pm - 3:00 pmJoin us for the latest market statistics and information. Featuring Current Trends and Outlook: > Wha...
Find out more »-
Leveraging Market Stats to Boost Your Business Series - October 19, 2023
Source: Leveraging Market Stats Webinars Published on 2023-10-19
-
Leveraging Market Stats to Boost Your Business Series - September 21, 2023
Source: Leveraging Market Stats Webinars Published on 2023-09-21
-
Leveraging Market Stats to Boost Your Business Series - August 22, 2023
Source: Leveraging Market Stats Webinars Published on 2023-08-22
-
Leveraging Market Stats to Boost Your Business Series - June 22, 2023
Source: Leveraging Market Stats Webinars Published on 2023-06-22
-
Leveraging Market Stats to Boost Your Business Series - May 18, 2023
Source: Leveraging Market Stats Webinars Published on 2023-05-18
-
Leveraging Market Stats to Boost Your Business - April 2023
Source: Leveraging Market Stats Webinars Published on 2023-04-21
-
Leveraging Market Stats to Boost Your Business Series - March 21, 2023
Source: Leveraging Market Stats Webinars Published on 2023-03-22
-
Leveraging Market Stats to Boost Your Business Series - February 21, 2023
Source: Leveraging Market Stats Webinars Published on 2023-02-21
-
Leveraging Market Stats to Boost Your Business Series - January 20, 2023
Source: Leveraging Market Stats Webinars Published on 2023-01-20
-
Leveraging Market Stats to Boost Your Business Series - December 21, 2022
Source: Leveraging Market Stats Webinars Published on 2022-12-21
-
Leveraging Market Stats to Boost Your Business Series - November 18, 2022
Source: Leveraging Market Stats Webinars Published on 2022-11-18
-
Leveraging Market Stats to Boost Your Business Series - October 20, 2022
Source: Leveraging Market Stats Webinars Published on 2022-10-20
-
Leveraging Market Stats to Boost Your Business Series - September 21, 2022
Source: Leveraging Market Stats Webinars Published on 2022-09-21
-
Leveraging Market Stats to Boost Your Business Series - August 18, 2022
Source: Leveraging Market Stats Webinars Published on 2022-08-18
-
Leveraging Market Stats to Boost Your Business Series - June 2022
Source: Leveraging Market Stats Webinars Published on 2022-06-21
LEGAL DISCLAIMER: This information and materials are provided for educational and informational purposes only and should not be construed as legal advice or as an offer to perform legal services on any subject matter. The content contains general information and may not reflect current legal developments or information. Nothing herein is intended to create an attorney-client relationship and shall not be construed as legal advice. The information is not guaranteed to be correct, complete, current, or suitable. MIAMI REALTORS® makes no warranty, expressed or implied, about the accuracy or reliability of the information in this program or materials. Recipients of the information in this program or materials should not act or refrain from acting on the basis of any information without seeking appropriate legal advice on the particular facts and circumstances at issue from an attorney licensed in the recipient’s state. MIAMI REALTORS® expressly disclaims all liability with respect to actions taken or not taken by the recipient based on any or all of the information in this program and materials.