In the U.S. state of Florida in the second half of last year marked a surge in demand for housing. At the same time increasing local real estate purchase by foreigners. In March, nearly 60% of all transactions paid for in cash.
This indicates the presence in the market a large number of foreign buyers (Statistics in ninety cases out of a hundred foreigners pay for the purchase of cash). With the growth of transactions and prices rising, especially in the city of Miami and its environs. Prices are steadily ahead run for the fifth consecutive month. In March of this year compared to March last year, prices in some segments jumped almost 50%.
The average price of a single family home in Miami in March rose by 21% to 340,000 dollars. The average price of apartments has increased by 23% and now amounts to 260,000 dollars.
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