South Florida's Real Estate Industry Saw Profit Shrink From 2013 To 2017, Study Says

Nov 29, 2019

South Florida’s real estate industry earnings for those selling and leasing commercial and residential spaces shrank in recent years, according to a study by LeadMD.

But some local real estate pioneers say their experiences tell a different story.

The Arizona-based revenue performance consultancy studied the real estate industry earnings for both professionals leasing and selling spaces, including lessors, property managers and real estate appraisers. Based on Census data, it found that industry earnings in the Miami, Fort Lauderdale and West Palm Beach metro area in 2017 were $3.46 million, down from $4.1 million in 2013.

Read more at our news partner, The Miami Herald