Demand for urban living driving strong sales and rentals in Downtown Miami

An earlier study revealed that 74% of the district’s residential condos are occupied. Of those units occupied, 52% of those are renters, resulting in one of the strongest rental markets in the country.

Nearly 80 residential buildings encompassing 22,000 units were built in Downtown Miami during the condo boom, transforming the area into one of the fastest growing urban communities in the U.S. Now, following years of oversupply, never before seen levels of demand for urban living is resulting in a thriving community of renters and owners. For much more download full report below.

Press Release August 2010   |  Download Market Trend Report June 2010