In 2016, there were 2,202 condos delivered in greater downtown Miami and based on what’s under construction for 2017, that number should rise to 3,456 delivered units — according to the Miami Downtown Development Authority. But looking ahead to 2018 and 2019, new product deliveries should fall to 2,846 and 1,960 respectively. That’s because not many projects are expected to break ground this year since many of the new condo and apartment projects currently proposed may have to wait till ...

A few years ago, developers touted the mid-market sector — generally defined as units priced between $2 million and $5 million — as a sweet spot. Today, this price range is beginning to experience a slowdown thanks to an oversupply of inventory coupled with pent-up demand for units priced under $1.5 million. Of note, starting in early 2015, a similar softness hit the ultra luxury sector.

According to analytics site UrbanDigs.com, there are close to 1,400 listed properties between $2 million ...

Despite a shaky political climate and real estate market where office leasing and condo sales have taken a dip, New York developers remain bullish and are moving full steam ahead with tens of millions of square feet of new developments — including tens of thousands of residential units. According to analysis done by The Real Deal, the top 10 most active builders are constructing 26 million square feet of commercial and residential space in Manhattan alone!
Related Companies — the ...