Miami has been a standout city in the U.S., with prices rising roughly 1% annually, according to Knight Frank’s third-quarter prime cities report—making it the only U.S. city in the quarterly index to see luxury home prices rise year over year.
One in five of all US international home sales happen in the Sunshine State and half of those are in Miami
Shopping for a new home? Buyers in Miami-Dade County may have a change of luck in 2024
“The worst in home sales is over. The worst in housing affordability is over. This year will be a year of home sales recovery,” Lawrence Yun, chief economist at the National Association of Realtors, told FOX Television Stations.