Today’s main feature in The Miami Herald is a recap of Christie International’s luxury real estate market report. According to the detailed report as summarized in The Miami Herald, “the Miami area ranked eighth among the top 10 luxury real estate markets in the world, putting it in a league with London, New York, Paris and Hong Kong, (but also Dallas and Toronto).”
The report highlights the impact foreign buyers and second home buyers have on our market. Here’s a snapshot of how the different markets fare by distinct indicators.
To read the summary article, click here.