According to new data from the Miami Association of Realtors, Palm Beach County residential real estate market experienced a notable slowdown in April 2025. Total residential sales declined 9.4% year-over-year, falling from 2,568 transactions in April 2024 to 2,326 this year.
After years of volatile swings in real estate activity during and after the pandemic, U.S. property investors appear to be returning to more measured behavior. According to new data released by Redfin, investors purchased 46,726 homes in the first quarter of 2025--a modest 2% increase from a year ago--signaling a stabilization of investor activity in the residential market.
A new Redfin report reveals that American appetite for vacation homes has continued its steady decline, reaching the lowest point in at least six years.
Residential real estate sales in Miami-Dade County declined in March, as total transactions fell 6.5% year-over-year, according to the Miami Association of Realtors. Sales dropped from 2,141 closings in March 2024 to 2,002 this year.
Posted on September 26, 2024