Miami Top In US For Luxury Property Price Appreciation In Q1 Prime Global Cities Index

Luxury property prices rose faster in Miami than any other U.S. city tracked by Knight Frank’s Prime Global Cities Index in the first quarter.

Four U.S. cities are tracked by the index, which monitors high-end residential prices.

Miami is benefiting from the new State and Local Tax (SALT) deduction laws put in place last year.

For the full year, prices in Miami are forecast to rise even faster thanks to those same tax changes.

Miami is expected to have the second highest appreciation of any of the 45 cities tracked worldwide in 2019, The Real Deal reported.

 

15 Comments
most voted
newest oldest
Inline Feedbacks
View all comments
Anonymous
2 years ago

But but…trump

-Mana

Anonymous
2 years ago

Hes waiting for some deep pocket Chinese investor to buy his properties up for three times the price he bought them. His properties other than Mana Wynwood and Wynwood Market place are a blight to Miami. And pretty much anymore could of done Wynwood Market place and the fencing around it is collapsing and looking bad.

Anonymous
2 years ago

This beautiful bicentennial dock (fec slip) will fall pretty to the crooks like Joe Carollo who wants to sell it to developers and pocket millions in commissions and no one is saying anything. Can you all save this beautiful water body please.

laingman
2 years ago

Which are the 4 US cities tracked?

FormerRaver
2 years ago

And what were the changes?

Anonymous
2 years ago

NY, LA, MIA and SF

Anonymous
2 years ago

Another giant parking podium. MWC is a failed project from an urban prospective.

Anonymous
2 years ago

That has nothing to do with this article and MWC isn’t a failure.

Anonymous
2 years ago

Muh bike lanes.

Anonymous
2 years ago

You mean the MWC that is barely built? Seems like a premature judgement.

Anonymous
2 years ago

No it’s not.
Hotel and office components should already be under construction already and not even a shovel is seen

¯\_(ツ)_/¯
2 years ago

You need to calm down ma’am. You sound loca…

Anonymous
2 years ago

“Another giant parking podium. MWC is a failed project from an urban prospective.”

Man, I was wondering why I never see anybody in that place so I’m glad you’re here to tell us it’s because “MWC is a failed project.”

Can’t wait to read more of your comments on this site that’ll tell us what’s really going on.

Anonymous
2 years ago

You won’t because he’s just copying and pasting that same line over and over into each thread. Probably just a troll… ignore.

Anonymous
2 years ago

#Troll