#MarketWatchMonday Time! Miami-Dade County real estate posted its third-best June sales month in history as more inventory, particularly in single-family homes, returns to the high-demand, low-supply market, according to the MIAMI Association of Realtors and the Multiple Listing Service system. Despite higher mortgage rates, a smaller supply, and higher sale prices, Miami real estate did better in June than almost every other month in history. Demand from people and businesses in high-tax, high-density areas is still very high. Inventory is a crucial measure to monitor as Miami active listings have recovered from historic lows and are on the rise, giving buyers more options.
