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Miami real estate market might just be officially back showing four important economic indicators performing above pre-COVID-19 levels, according to realtor.com’s Weekly Recovery Report. Reported Miami Agent Magazine.
With January 2020 as the baseline for comparison, the report noted that the new listings category was the final benchmark to surpass pre-COVID-19 levels of the four-legged stool of real estate economic indicators that also include housing demand, asking prices and the pace of sales.
The realtor.com press release called the news about new listings “an important first step towards broader recovery.”