Current Market Data

Colombia accounts for most web searches of South Florida real estate

The MIAMI Association of REALTORS® said house hunters in the country accounted for the largest share of international searches of MiamiRealtors.com, followed by Germans and Canadians. 

A down payment of just 20% may be a thing of the past, Zillow says

Buying a home in Miami? Here’s the down payment you need to afford it.

Miami-Dade single-family sales rise 6% in May

The median price of a single-family home sold in the county rose for the 150th month in a row, a new record. 

Median existing-home sales price hits all-time high in May

The record-breaking sales price comes as the pace of transactions slid from April, the National Association of REALTORS® said. 

Mortgage rates tick lower for third straight week

The average 30-year fixed mortgage rate dipped to 6.87%.

The top home trends for summer 2024

With warm weather heating up much of the United States, many homeowners are craving new summer styles for their living spaces.

Housing Scorecard: Home sales rise in Miami-Dade, Broward, Palm Beach

At the same time, inventory also rose in all three South Florida counties.

Case-Shiller: Home-price index hits all-time high in March; Miami sees 8.2% gain

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

New-home sales decline in April

At the same time, the median price of a new home sold in April declined as well. 

Miami-Dade home sales rise 5.4% year over year in April

At the same time, the median prices for single-family homes and condominiums also gained ground. 

Miami ranks No. 4 in U.S. for new listings, No. 3 for months’ supply increase

The city saw a 31.2% annual jump in new listings in April and a 54% surge in months’ supply, according to the latest RE/MAX National Housing Report. 

Mortgage rates dip below 7%, bring relief to homebuyers

Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a Redfin report. 

Housing starts rebound in April after March slump

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Hotels overtake offices in residential conversions

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.

Housing Scorecard: Home sales slide as inventory rises

Home sales in Miami-Dade, Broward and Palm Beach counties declined as inventory increased.

Miami ranks No. 1 for recent college grads

Online English-learning platform Preply analyzed the 75 largest U.S. cities based on a variety of factors, and Miami took the top spot. 

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