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Diversified, Resilient Miami Existing Condo Market Continues Posting Record Sales


Diversified, Resilient Miami Existing Condo Market Continues Posting Record Sales
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A review by the MIAMI Association of Realtors (MIAMI) of our condo market after the tragic collapse of the Champlain Tower South condo building in Surfside, includes comparison to the period immediately previous as well as previous years. The Miami condo market is large, diversified and boasts strong market fundamentals such as annual population gains, top destination for international homebuyers, huge domestic demand, and the nation’s strongest building code.
MIAMI Chairman of the Board Jennifer Wollmann
“Our thoughts and prayers continue to go out to those affected by the Surfside tragedy ....

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Miami Real Estate Posts Best May Sales Month in History; Existing Condo Sales Jump 286.5% as Buyers Act on Healthy Inventory


Miami Real Estate Posts Best May Sales Month in History; Existing Condo Sales Jump 286.5% as Buyers Act on Healthy Inventory
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Miami-Dade County real estate posted its best May sales month in history as pent-up demand, more U.S. individuals and companies moving to South Florida, and record-low mortgage rates fueled a triple-digit sales increase, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
MIAMI Chairman of the Board Jennifer Wollmann
“Miami’s condo market continues to be driven by U.S. buyers, particularly from tax-burdened states, moving to South Florida
MIAMI (PRWEB) ....

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