Miami’s investment activity remains sluggish through the first half of 2024
- Economic policy constraints have continued to curb investment activity in Miami across most asset types through the first half of the year.
- The multifamily sector has experienced the most significant cooldown, with a more than 70% decline in sales volume compared to the first half of 2023.
- The retail market has witnessed a strong rebound after a four-year transaction volume low in 2023, with a 208% increase in sales transactions, totaling over $400 million during the first two quarters of 2024.
May 29, 2024
Additional resources
- Explore the latest trends in Miami's office market report
- View Miami's most recent industrial market report
- Office odyssey: A charted exploration of value correction in major U.S. cities’ office buildings
- From Main Street to Wall Street: Institutional investment surges in single-tenant retail assets in the U.S.
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