Miami Real Estate Luxury Home Sales Continue Surging
Realty Biz
MAY 21, 2023
Last Year; Impacting Sales Miami total home sales decreased 35.5% year-over-year in April 2023, from a historic 3,445 transactions in April 2022 to 2,222 in April 2023, because of rising mortgage rates, the recent banking crisis and lack of supply in certain price points. Rates on March 1, 2022 were 3.90%.
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