Foreign buyers push up property sales in Miami

[Nicholas Wallwork]

Activity in the residential real estate market in Miami, a popular location with overseas buyers, has increased for the twelfth quarter in a row, according to new data. In the Miami Metropolitan Statistical Area (MSA),sales of property, including existing single family homes and condominiums, increased 49% from 4,557 to 6,768, in the second quarter [...]

Click to Read The Full Story and Add your Own Comments to Foreign buyers push up property sales in Miami

 

[ogden34]

This is great news for Miami housing market to gain sales this month. But national sales was still in deep trouble down each month both in sales and prices.