Miami luxury market is the fastest-growing in the nation

While this year hasn’t been so great for the luxury housing market, one city has seen a positive trend. According to Knight Frank Wealth Report, Miami placed No. 1 for the fastest-growing luxury real estate market in the U.S. It also ranked No. 5 among the fastest-growing luxury real estate markets in the world, following Madrid, Berlin, Paris, and Cape Town.  High-end home sales bounced back in Q2, Redfin said in September. Prices went up 1%, a significant jump from Q1’s decline of 1.7%.

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