The Urban Land Institute released its 2016 Emerging Trends in Real Estate report and survey recently – the 36th edition of the institute’s trends and forecast report – providing analysis of the nation’s top real estate markets, and subsequently ranking the metros’ outlooks on the basis of investment, development and homebuilding.

Through its survey, ULI discovered that the overall outlook in Miami remained the same at No. 19. However, the specifics comprising that ranking changed wildly.

The biggest change was in the city’s attitudes towards future homebuilding, which jumped in rank from No. 40 to No. 22.

Miami’s strongest sector, the survey found, was retail, which is not surprising, considering the city’s “good population and income growth as well as the strong tourism component in the market.”

The economic slowdown in Latin America, from where many of the area’s foreign buyers hail, may affect the market negatively, but respondents were divided in how pronounced the impact will be.

To see how the city compares to other top emerging markets, see our table below.