Miami's housing market is showing significant signs of strain as total home and condo sales dropped sharply in May 2025, despite continued long-term price appreciation and strong global demand. According to new data from the MIAMI Association of Realtors and Southeast Florida MLS, total home sales in Miami-Dade County fell 20.2% year-over-year in May 2025, declining from 2,397 to 1,913 transactions. The...