MIAMI REALTORS® + RWorld Expanding South Florida’s Global Exposure in Canada, Spain
MIAMI —MIAMI REALTORS® + RWorld will be championing Miami and South Florida’s distinct lifestyle at two major upcoming global events, REALTOR® QUEST 2026 in Toronto, Canada and SIMA 2026 in Madrid, Spain, in its ongoing mission to expand South Florida’s worldwide exposure and launch more international business. “Nobody out-globals Miami,” MIAMI REALTORS® + RWorld […]
MIAMI REALTORS® and RWorld Complete Historic Merger; Creating the World’s Largest Local Realtor Association
MIAMI — The MIAMI Association of REALTORS® (MIAMI) and Broward, Palm Beaches & St. Lucie Realtors® (RWorld), along with their respective Multiple Listing Services, MIAMI MLS and BeachesMLS, have merged into a single association and MLS. The organization closed the historic merger on Monday, May 11, 2026, setting a record for the largest, fastest, and […]
Wealth and Population Growth Push South Florida Land Sales to Six-Year High
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Sales of non-agricultural land in South Florida rose to a high of $7.2 billion in 2025, up 7%. Residential land accounted for 79% of sales. The median sales price of residential land rose to $101 per square foot, up 6% from the prior year […]
South Florida Home Equity Now 1.6x U.S. Average
By MIAMI REALTORS Chief Economist Gay Cororaton Key Takeaways Single-family homeowners who purchased a home 15 years ago in 2011 Q1 have over $500,000 in housing wealth in Miami-Dade County ($589,400), Palm Beach County ($542,800), and Broward County ($509,300), higher than nationally ($308,400). Condominium/townhome owners who purchased a property 15 years ago typically […]
Miami Climbs to 3rd in Monthly Home Price Growth Across Top U.S. Metros
By Gay Cororaton, MIAMI REALTORS Chief Economist The Miami Metro area’s price growth outpaced the nation’s major Sunbelt market in February, according to the latest S&P Cotality Case-Shiller index. In February, the Miami Metro price index (seasonally adjusted) rose 0.8% from the prior month, the third highest among 20 metro areas (next to […]
Miami-Dade Luxury and Ultra-Luxury Price Thresholds Rise as Global CEOs Relocate
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Luxury (top 5%) and ultra-luxury (top 1%) price thresholds rose in 2026 Q1 in Miami-Dade, Broward County, and Palm Beach County. In Miami-Dade County, the single-family luxury threshold rose to $4.1 million while the ultra-luxury threshold rose to $13.6 million. Facebook’s Mark Zuckerberg, Google’s […]
Beyond Supply and Demand – The affordability factor
The market is not moving on supply and demand alone. A deeper constraint is shaping real estate in 2026. The post Beyond Supply and Demand – The affordability factor appeared first on MIAMI REALTORS®.
Miami Metro Multifamily is #1 in Occupancy and Rent Growth Among Large South Region Metro Areas
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways In March 2026, the Miami Metro Area had the lowest multifamily vacancy rate at 6.6% and the highest asking rent growth at 0.7% year-over-year among the largest South Region metro areas. Rents rose in 56% of South Florida submarkets. Rent concessions and migration of […]
South Florida Real Estate Continues to Outperform the Nation
By MIAMI REALTORS Chief Economist Gay Cororaton Key Takeaways Homes that went under contract in March (pending sales), a leading indicator of closed sales, rose 9% year-over-year, the 8th consecutive month of y/y growth . Million- dollar pending sales rose at an even stronger pace of 24%, the 10th consecutive month of […]
MIAMI REALTORS® and RWorld Announce Merger; Creating the World’s Largest Local Realtor Association
MIAMI — The MIAMI Association of REALTORS® (MIAMI) and Broward, Palm Beaches & St. Lucie Realtors® (RWorld), along with their respective MLSs are merging into a single association and MLS, bringing together two legacies for one shared future. Effective May 11, 2026, the historic merger will set records for the largest, fastest, and most seamless […]