By the Numbers

December new-home sales jump 8%

Declining interest rates spurred the increase. 

Miami takes 11th place among top 25 cities for coworking spaces

In Miami, the number of coworking spaces rose quarter over quarter in Q4 2023, while the city’s total square footage of coworking space rose too.

NAR: Existing-home sales slid 1% in December but are expected to rise

At the same time, the median sales price rose 4.4% to $382,600. 

Builder confidence jumps in January on falling mortgage rates

The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 

CoreLogic: Miami saw fastest home-price gains in November

CoreLogic expects prices to continue to grow through the year.

Which Miami ZIP codes offer the most — and least — space on a $1,700 rent budget

RentCafe analyzed apartment sizes in ZIP codes across the country to determine which areas give the typical renter the most bang for their buck.

Existing home sales fall 14.6% annually

The only region of the U.S. that didn’t experience an annual decline in existing home sales was the Midwest, where sales were unchanged year over year.

Miami Beach’s Fisher Island is third-most expensive ZIP code in the U.S.

According to a new analysis by PropertyShark, Fisher Island’s 33109 ZIP code is the third-most expensive in the country, with a median home sale price of $5.5 million. 

South Florida Housing Scorecard: Home sales slide in all three counties

Existing-home sales slid in Miami-Dade, Broward and Palm Beach counties, while days on market and housing inventory were mixed.

New-home sales jump in September despite interest rates

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

Short supply helps drive existing-home sales to 13-year low

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.   

The cost of living in Wynwood, one of the trendiest neighborhoods in the country

From the beach to the bustling arts scene, Wynwood is one of the trendiest neighborhoods in the country … so how much does it cost to live there?

Housing starts rebound in September after August dip

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

MBA: Mortgage apps rise on increase in ARM activity

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey. 

Prices are rising faster than wages in Miami-Dade County

Housing affordability has worsened in many parts of the country as wages fail to grow at the same pace as home prices.

NAR: Pending-home sales fall 7.1% on high interest rates

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said. 

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