Miami Real Estate Continues Strong Momentum in 3Q

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The Miami real estate market, one of the most popular in the nation with international and domestic buyers, continued to gain momentum in March with sales. sales were up 4.2% year on year. Miami.

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Miami Real Estate Continues Strong Momentum in 3Q The Miami real estate market continues to gain momentum fuelled by intense demand coupled with. which will continue to result in strong price appreciation until more supply comes on the market,’.

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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.

Existing condominium sales – which posted the second best year in Miami history last year- rose 4.2 percent from 1,413 in March of last year to 1,472 last month.

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Momentum is negative. The 3Q earnings season has been positive. Eight sectors are reporting year-over-year growth in revenues, led by the Consumer Discretionary, Real Estate, and Health Care.

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“The Miami real estate market continued its upward trend with a strong June,” Christopher Zoller, the the Miami Association of Realtors’ 2015 residential president, said in a statement. “Not only did sales increase year-over-year for both single-family homes and.

The report points out that Miami real estate continues to sell at a rapid pace and at nearly asking price, reflecting strong demand. The median number of days on the market for single family homes sold in August was just 47 days, an increase of 34.3% from August 2013.

Friday, June 7, 2019. Real Estate Research Center; U.S. National; Services; Florida. U.S. National; U.S. States; Alabama; Alaska; Arizona

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