Miami MSA Ranked No. 5 in the World for Most Millionaire Growth
MIAMI — Miami-Dade County real estate total dollar volume surged year-over-year in March 2025 as the Miami MSA recently ranked No. 5 in the world for most millionaire growth, according to statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). Miami-Dade total dollar volume increased […]
MIAMI REALTORS® Partners with Infinityy to Bring Cutting-Edge AI Tech to MIAMI Listings
MIAMI — Infinityy, a revolutionary AI-powered property technology platform, has partnered with the MIAMI Association of REALTORS® (MIAMI), the nation’s largest local REALTOR® association, to boost MIAMI members’ service to their clients. The collaboration — launching at MIAMI’s South Florida Real Estate Summit on Friday, April 25 — will boost MIAMI listings, save time, engage […]
Port St. Lucie Ranks No. 1 Among Top Southeast Florida Zip Codes People Moved To in 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist There are various data sources that track migration, and while all these sources are excellent and reliable sources for understanding flows, there are limitations to these data. Public data sources such as the US Census Bureau’s American Community Survey and the Internal Revenue Service[1] migration flows […]
Fort Lauderdale Leads South Florida in Commercial Sales Volume
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Commercial sales transactions of multifamily, office, industrial, and retail properties rose 32% to $2.9 in the Tri-County area in 2025 Q1. Broward County lands the largest office and multifamily deals in 2025 Q1. At the city level, Fort Lauderdale had the largest commercial […]
2025-2026 Southeast Florida Housing Outlook: Modest Home Sales and Price Growth
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Mortgage rates could fall to 6.3% by year-end amid rising economic risks. Single-family home sales will modestly increase in 2025 with high-income buyers driving growth. Single-family home prices will continue to appreciate at below 5% with inventory hovering at 6 months’ supply. Access […]
Migration to Miami-Dade Remains Higher than Pre-Pandemic
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways Out-of-state driver license exchanges in Southeast Florida decreased in 2025 Q1 but were higher than the pre-pandemic levels in Miami-Dade County and St. Lucie County. Despite recent declines, the number of out-of-state driver license exchanges from New York, California, New Jersey, Texas, and […]
Colombia Regains Position as Top Country Searching Miami Real Estate
Colombia registered the most global web searches for South Florida real estate in February 2025, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia has now finished in the top two countries searching Miami real estate in each of the last 35 months (nearly three years). “Changes in government abroad […]
Southeast Florida Home Equity Surges in Q4 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Southeast Florida’s rapid price growth has created significant wealth for homeowners, with 90% of home equity due to price appreciation. Miami-Dade County has the highest expected home equity over a 15-year period, at $555,900 on a typical single-family home (vs. $306,600 nationally) and […]
Miami Condo Prices Rise 8% With Highest Increase in Upper Price Tier
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways The median single-family sales price in Miami-Dade County rose 0.8% in February 2025 from one year ago, with prices up in 72% of areas, with the fastest increase in million-dollar markets. The median condominium/townhome sales price in Miami-Dade County rose 8%, with prices up in […]
Miami MSA Ranked No. 2 Top Housing Market in the U.S. for 2025
MIAMI — Miami-Dade County $1 million and up single-family homes and existing condo median prices increased year-over-year in February 2025 for a MIAMI MSA recently ranked No. 2 top housing market in the U.S., according to statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). […]