While Miami continues to attract deep-pocketed transplants and institutional capital from across the globe, beneath the surface, the city’s housing market is failing on two key fronts: new construction and affordability.
Dotted with palm trees and bristling with amenity-rich luxury condominium towers, “Magic City” earned the dubious distinction of being 1 of 13 major U.S. metros to receive an F grade in the newly released 2026 Realtor.com® Metro Report Cards.
Out of a possible 100 points, Miami earned an overall score of just 29, weighted down by a lackluster affordability component score of 18.9, combined with a slightly better homebuilding component score of 39.1…