Miami's supply lag stood out: the area was issuing just one new housing permit for every 12 jobs, signaling construction wasn't matching growth.
Miami also remained a popular retirement destination, adding pressure to an already tight market as more households competed for limited homes locally.
For buyers, pricing offered mixed signals: Miami home values ↓~5% yearly to ~$471K, yet stayed ↑~50% across the past 5 yr overall.
Miami buyers were advised to expect longer searches, tougher competition, and possible bidding wars, while lining up budget, financing, rate locks, or buydowns early.
That permit-job gap suggested Miami's shortage could worsen if the gap persists; lower rates might help affordability, but added demand could keep supply pressure elevated.
Uncategorized
Vacancy Sensors Market Forecast Points Higher Toward 2035, Driven by Stringent Energy Codes and Smart Building Retrofits
The vacancy sensors market is growing due to stricter energy codes, increased retrofits, and IoT integration. These sensors, mainly used in commercial and industrial buildings,
July 19, 2026
No Comments
