Luxury condo inventory in South Florida continues to climb to all-time highs, as sales volume remains stagnant — just as high-end projects such as Paramount Miami Worldcenter, Brickell Flatiron, Ritz-Carlton Residences, Miami Beach, and Residences by Armani/Casa are opening their doors. According to real estate data firm and brokerage Analytics Miami, third-quarter transaction volume for luxury condo sales of $1 million or more dropped 32 percent below 2013 levels, while inventory skyrocketed 146 percent compared
source https://therealdeal.com/2020/01/02/the-cold-spell-blanketing-south-floridas-luxury-condo-market-will-continue-in-2020-experts-say/
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