June 23, 2021
Real Estate

Miami Real Estate Posts Best April Sales Month in History; Existing Condo Sales Jump 234.2% as Buyers Act on Higher Inventory

Miami-Dade County real estate posted its best April 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 double-digit sales increase for the eighth consecutive month, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

MIAMI, May 21, 2021 /PRNewswire-PRWeb/ — Miami-Dade County real estate posted its best April 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 double-digit sales increase for the eighth consecutive month, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Miami-Dade County total home sales surged 151.3% year-over-year, from 1,576 to 3,960. Miami single-family home transactions rose 83.1%, from…

Read full article here: finance.yahoo.com