Miami Real Estate Continues Strong Momentum in 3Q

The 3Q 2013 Miami real estate market continued to build (sorry) momentum this quarter as a number of high water marks were reached as noted in our just released Elliman Report: Miami Sales 3Q 2013.

According to Miami Realtors, the Miami real estate market continued to gain momentum in March, as single-family home transactions registered double-digit growth year-over-year and existing condominium sales rose despite an increase in new condo construction. Sales Rise for Single-family Homes, Condos

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Single-family home sales in South Florida picked up as the school year began in August, but condo and town home sales suffered a double-digit decline.

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According to the Florida Realtors, Florida’s housing market had more sales, higher median prices, more pending sales and more new listings in 3Q 2018. Closed sales of single-family homes statewide totaled 72,843 in 3Q 2018, up 7.5 percent from the 3Q 2017 figure. "Florida’s economy and jobs sector.

Overall, residential real estate sales in the city fell 14 percent year-over-year. Some Wrinkles to Iron Out. August was a month of meeting expectations in Miami, which bodes well for a market ruled by cash sales and limited inventories.

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Despite this almost all 20 major U.S. cities saw strong house price rises, with Las Vegas registering the biggest y-o-y increase of 12.9% in Q2 2014, followed by San Francisco (10.6%), Miami (9.3%..

Miami, FL (PRWEB) November 13, 2014 The performance of the Miami real estate market remains consistent with record activity in 2013 due to strong demand despite increased existing and new construction supply, according to the 34,000-member MIAMI Association of REALTORS and the local Multiple Listing service (mls) systems.

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