Miami Beach

Miami Leads the Nation for Fastest Rising Home Rental Prices

Based on CoreLogic's latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas, consistent evidence of a single-family rental market cooldown follows nearly two years of above-trend rental price hikes.

Home Prices Rose in 98 Percent of all U.S. Metros in Q3

An overwhelming majority of U.S. metro markets saw home price gains in the third quarter of 2022 despite mortgage rates that approached 7% and declining sales.

Pending Home Sales Plummet Over 50 Percent in Hurricane Ian Stricken Florida Cities

According to national property broker Redfin, pending home sales plunged 58% year over year in the Cape Coral, FL metro area during the four weeks ending Oct. 16, 2022, in the aftermath of Hurricane Ian. That's nearly twice the nationwide decline of 32%.

Miami Area Residential Property Sales Slide 28 Percent in September

The greater Miami real estate market experienced a 28.1% year-over-year home sales decrease in September 2022, diving from 3,031 homes sold last September to 2,178 last month, because of rising mortgage rates and low inventory.

Miami Beach Property News

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