The median-sales price slid from $425,600 in October to $402,600 last month. 

The 19-story towers will have 28 condominiums, each occupying its own floor. 

The 48-story building has 226 condominiums priced from $1.5 million. 

The development, called Forest, will bring 372 homes to market. 

The 43-story development, Ombelle Fort Lauderdale, will offer 775 condominiums priced from $400,000. 

The first phase of the $2 billion development will see the construction of branded residential towers, a St. Regis hotel, private beach club and restaurant and retail establishments. 

Multifamily construction, meanwhile, rose on a monthly basis. 

The Avenue will feature a mix of high-end retail and hospitality venues, plus 50 upscale residences priced from just under $3 million. 

The 48-story residential tower in Miami’s Design District is the first residential venture by Michelin-Start chef Jean-Georges Vongerichten. 

Four new decorated model homes are available for tours. 

La Baia North’s 57 units are already 60% sold, with prices starting at $1.4 million. 

The 1,200-acre community in Southwest Florida has started sales of three communities with homes beginning at $1.1 million. 

The rock ‘n’ roll-themed condominium project is slated to open in 2026. 

The former WeWork CEO’s company, Flow, has already developed two rental communities in South Florida. 

The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.