Miami Real Estate News
Miami
Greater Miami Area Home Prices Jump 15 Percent Annually in 2023
Based on new data from the Miami Association of Realtors, greater Miami area single-family home sales increased 1.3% year-over-year in December 2023, from 744 to 754.
2023 U.S. Home Sales Was Worst Year in 3 Decades Says NAR
According to the National Association of Realtors, U.S. existing-home sales retreated again in December 2023. Among the four major U.S. regions, sales slipped in the Midwest and South, rose in the West and were unchanged in the Northeast. All four regions experienced year-over-year sales decreases.
U.S. Delinquency Rates for Commercial Properties Increased 6 Percent in Q4 of 2023
Based on the Mortgage Bankers Association's latest commercial real estate finance (CREF) Loan Performance Survey, U.S. delinquency rates for mortgages backed by commercial properties increased during the fourth quarter of 2023.
U.S. Construction Materials Input Prices Fall Sharply in December
According to the Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics' Producer Price Index data, U.S. construction input prices decreased 0.6% in December 2023 compared to the previous month. Nonresidential construction input prices decreased 0.4% for the month.
Miami Property News
Residential Rents in the U.S. Decline for Third Straight Month in December
Posted on January 15, 2024
Office Landlords Nationwide Increasing Concessions to Lure Tenants in U.S.
Posted on January 04, 2024
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