South Florida pending home sales jumped 10% year-over-year in February 2026, placing the Miami-Fort Lauderdale-West Palm Beach metro among the top five fastest-growing markets in the country. At the same time, Miami-based proptech startup Propy just completed its most significant acquisition yet, bringing institutional-scale AI infrastructure to Florida’s $154.6 billion residential real estate market.
Miami doesn’t do things quietly. While the rest of the country is navigating a cautious, rate-sensitive housing market, South Florida is moving in the other direction — and the city’s tech ecosystem is racing to keep up with the volume.
Two stories unfolded in parallel this month that, taken together, tell the same Miami story: the market is building momentum, the money is paying attention, and the tools are getting smarter.
South Florida Jumps Into the Top 5 for Pending Home Sales Growth
The National Association of Realtors released its February 2026 Pending Home Sales report on March 17, and South Florida’s performance stood out in a national market that rose just 1.8% month-over-month and fell 0.8% year-over-year overall. The Miami-Fort Lauderdale-West Palm Beach metro posted a 10% year-over-year increase in pending sales — landing at No. 5 nationally among the top 10 markets with the largest annual gains. The South and West regions were the only two to post year-over-year improvements; South Florida outpaced both regional averages…