"In Broward County, the number of single-family homes in May increased 34.5% from this time last year, providing more options for potential buyers."
"Miami-Dade County saw a 44% increase in single-family home listings compared to last year, indicating a significant boost in housing inventory."
"Remax's analysis highlighted that the Miami region boasts the highest month's supply of inventory among 51 U.S. metropolitan areas, reflecting a favorable market for homebuyers."
"The overall housing inventory in South Florida has reached about 17,940 homes for sale last month, suggesting a shift in the real estate landscape."
In South Florida, homebuyers are experiencing a favorable market with increasing housing inventory and lower prices. Broward County has seen a 34.5% rise in single-family home listings since last year, while Miami-Dade County recorded a 44% increase. The total number of homes for sale has reached approximately 17,940, highlighting a significant boost in options for buyers. A recent Remax analysis further emphasizes the Miami region's position with the highest month's supply of inventory among 51 major U.S. metropolitan areas, indicating a positive trend in real estate for buyers in the region.
Read at Miami Herald
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