Double-digit growth in sales of #Miami homes and condos

Homes sales in Miami set a new record in 2012 and prices saw double digit growth, boosted by overseas buyers, according to the latest data from the Miami Association of Realtors. Year end sales of single-family homes in Miami-Dade County rose 7.9% compared to 2011 and condo sales were up 1.2%.

In Broward County, the sale price of existing homes continued to rise and the number of days on the market fell, according to a Realtors report released Friday. But the outlook for the months ahead softened, with pending sales of single-family homes down from April 2015 while pending sales of condos/townhouses rose.

Double-digit growth in sales of Miami-Dade homes and condos "Today’s historic-low mortgage rates and South Florida’s diversified and growing job market are encouraging more consumers to purchase property in one of America’s most dynamic cities."

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The sector represented 51.8 percent of total Miami single-family home sales in June 2016. Existing condos priced between $150,000 and $400,000 saw a 2.7 percent year-over-year rise in sales in June, increasing from 659 transactions to 677. This sector represented 50.4 percent of total existing Miami condo home sales in June 2016.

The median price of a new home, resale or condo in. in job growth, particularly in the tech sector, I think you will continue to see double-digit year-over-year gains” in home prices, Anderson said.

The sector represented 51.8 percent of total Miami single-family home sales in June 2016. Existing condos priced between $150,000 and $400,000 saw a 2.7 percent year-over-year rise in sales in June, increasing from 659 transactions to 677. This sector represented 50.4 percent of total existing Miami condo home sales in June 2016.

New condo sales reached sky-high levels across Canada in 2017, with the most units sold, by far, in the Greater Toronto Area (GTA). The GTA wasn’t the only market to have a banner year – Edmonton and Calgary led the nation with the largest annual percentage growth in new condo sales.

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Hamptons Real Estate Finishes Second Quarter with solid gains luxury sales and prices in the affluent beach towns register double-digit growth

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