Miami MSA Ranks No. 1 in the U.S. in Fastest Employment Growth and Lowest Unemployment
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways The Miami-Miami Beach-Kendall metropolitan division posted the fastest nonfarm employment growth in March 2025 among the nation’s 37 metropolitan divisions in the largest 13 metro areas, up 1.6% (vs. 1.2% nationally). Among the 13 largest metropolitan areas, the Miami-Fort Lauderdale-West Palm Beach Metropolitan […]
Miami Ranked No. 1 in U.S. in Multifamily Construction
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways The Miami market area is undergoing the most intense construction activity among the largest 90 metro areas as of 2025 Q1, with 32,014 units under construction, adding 23.8% to the existing inventory. The typical multifamily asking rent growth in the Miami Metro area […]
Miami REALTORS® Partners with City of Miami Gardens to Launch Monumental Letters
MIAMI — The MIAMI Association of REALTORS® (MIAMI), in collaboration with the National Association of REALTORS® and City of Miami Gardens Councilwoman Linda Julien, proudly announces the unveiling of the Miami Gardens Monumental Letters and the Hon. Oliver G. Gilbert III Arch of Progress, scheduled for 10 a.m. Monday, May 5, 2025 at the Sunshine […]
MIAMI REALTORS® Global HQ Wins FIABCI-USA Grand Prix of Real Estate
MIAMI — The MIAMI Association of REALTORS® (MIAMI) Global Headquarters is one of five winners of the prestigious FIABCI-USA Grand Prix of Real Estate awards for 2024. The Grand Prix awards, which will officially be presented on May 3 in Atlanta, is an annual competition that recognizes American real estate development projects embodying excellence. […]
Southeast Florida’s Million-Dollar Sales Rose 4% in 2025 Q1
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Single-family home sales in the first quarter declined 1.3% from one year ago, but sales rose in Palm Beach County and in Broward County. Condominium/townhome sales fell 10.2% overall and declined in all counties. While overall sales declined, million-dollar sales rose 3.7%. Majority of […]
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 […]