Current Market Data

Ending a hot decade, apartment construction dips in 2019

Ending a hot decade, apartment construction dips in 2019


New national data on apartment construction shows activity slowing down in general, but features several cities with exceptional building activity.

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Miami home price growth showed no signs of slowing this summer

Miami home price growth showed no signs of slowing this summer


Growth in home prices this summer maintained a robust pace, thanks to persistently low inventory and a new interest in buying homes among older millennials.

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After two strong months, pending home sales slow

After two strong months, pending home sales slow


After two straight months of nationwide increases, the number of listings under contract by the end of July fell on a monthly basis.

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Why new construction isn’t easing Miami’s inventory problem

Why new construction isn’t easing Miami’s inventory problem


The homebuilder community has regularly offered a succinct answer to the reason for its industry’s sluggishness, generally calling out labor, lumber, laws and land as pain points. But some researchers are poking holes in their assertions of late.

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Consumer confidence remains strong amid economic unease

Consumer confidence remains strong amid economic unease


The Conference Board’s Consumer Confidence Index for August showed Americans shared broadly strong views of the overall economy and their own financial health near the end of the summer.

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Builders finish summer strong but face uncertainty ahead

Builders finish summer strong but face uncertainty ahead


Economists were expecting new-home sales to finish stronger in July, aided by low mortgage rates that act as an incentive for buyers.

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July brings double-digit home sales growth in Miami, statewide

July brings double-digit home sales growth in Miami, statewide


In much of Florida’s housing market, July was a strong month. Miami was no exception.

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Existing-home sales post year-over-year gain

Existing-home sales post year-over-year gain


Sales of existing homes in July logged their first year-over-year gain in 16 months.

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Housing starts show builders are cautiously optimistic

Housing starts show builders are cautiously optimistic


U.S. homebuilders appear optimistic that low mortgage rates can turn the tide in favor of stronger sales in the months ahead.

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Miami’s cyclical housing market enters new phase

Miami’s cyclical housing market enters new phase


Not long after facing what some feared to be a glut of new condos on the market, Miami developers and brokers could soon be facing the opposite problem.

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