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New York Post
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Source: New York Post
1 DayNew York Post
Source: New York Post
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Miami's housing market struggles with affordability and limited new construction due to land scarcity and high development costs. The city received an F grade in the 2026 Realtor.com® Metro Report Cards, highlighting low scores in affordability and homebuilding, unlike other Florida markets benefiting from more available land. The high costs of land, construction, and compliance, combined with demand from international buyers, have driven home prices and monthly payments well above affordability thresholds, making homeownership challenging for local residents. Experts suggest increasing density and streamlining permitting processes as potential solutions to improve housing affordability in Miami.
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