Miami, Tampa, and Orlando stand out among the top real estate prospects in the United States for the coming year, according to the annual Emerging Trends in Real Estate report, published by PwC in partnership with the Urban Land Institute. The report, a key reference in the sector, highlights the best metropolitan areas in the country in terms of growth potential and real estate appreciation.
The analysis is based on interviews with over 450 experts and survey responses from 1,600 professionals in fields such as real estate development, construction, property management, financing, and investment. Responses were collected to evaluate the development, investment, and growth potential of 81 markets, resulting in a ranking of the best real estate prospects in the country.
Among the areas with the highest expectations, Miami ranks second, Tampa takes the 4th position, and Orlando ranks 6th nationwide.
The study highlights that Miami’s market continues to be driven by rising residential prices, as the city attracts more and more international and high-net-worth buyers. The report also provides an analysis of investment opportunities in various housing types, rating them on a scale of one to five. Single-family housing, for example, received a score of 3.6—a slight decrease from last year’s 3.68 but still above the 3.32 rating of two years ago.
Miami Market Values Up 80% Since 2020
The steady demand from international buyers and high-net-worth individuals has fueled remarkable growth in Miami’s real estate market. In recent years, home prices have risen by 80%. Despite rising prices and a 400-basis-point increase in mortgage rates, Miami remains a top destination for affluent individuals.
High prices have driven some domestic residents to seek more affordable areas, such as Orlando and the Central Florida region, which still offer competitive pricing and strong appreciation potential.
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