Single-family saves the day. Q3 resi sales up in South Florida

As out of towners continued flocking to South Florida, residential sales surged in the third quarter, according to Douglas Elliman’s reports. Single-family home sales did especially well, rising in the double digits, year-over-year, across the tri-county region. “In most of the markets we’re covering … sales have generally risen from 50 [percent] to 100 percent as a release of the pent-up demand,” said Jonathan Miller of Miller Samuel Inc., who authored the reports. Miller said

source https://therealdeal.com/2020/10/16/single-family-saves-the-day-q3-resi-sales-up-in-south-florida/