Real Estate market to stay strong

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Biscayne Causeway.Photo credit by D.H.

Investors and buyers expect at least 3 more years of favorable real estate conditions through 2017. According to a new survey from the Urban Land Institute Center for Capital Markets and Real Estate the housing market is projected to continue expanding at steady levels though 2017. The predictions are made by top economists and analysts.

Single family housing starts are projected to increase to 745,000 in the U.S in 2015, 842,000 in 2016 and 900,000 in 2017.

Home prices in the real estate market are expected to moderate to 5% growth rate in 2015, 4.3% in 2016 and 3.9% in 2017.

This are great news for investor and home buyers since Miami real estate market is increasingly due to international buyers the fact that the real estate market overall in the United States will still grow makes Miami real estate a great investment with a steady return of investment in the upcoming years. An amazing opportunity to keep buying in Miami condo and housing market. More projects are coming up with great investment opportunities.

 

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