South Florida Condo Cliff Index™ Inches Up 1% After Wild Stock Market Swings
The latest Miami Vintage Condo Cliff Index™ released on April 15, 2025, shows no statistical change during a week of massive swings in the global stock markets following Trump's new tariff policies.
Wild swings in the global stock markets resulting from uncertainty about President Donald Trump’s new tariffs policies pushed South Florida condo buyers to the sidelines last week in the tricounty region of Miami-Dade, Broward and Palm Beach.
As the major indices and bond markets experienced significant volatility, the South Florida Condo Cliff Index™ inched up by about one percent on week-over-week.
As a result, the South Florida Condo Cliff Index™ - which aggregates conditions in Miami-Dade, Broward and Palm Beach counties - rose about nine basis points to 7.30 points as of April 15, 2025, according to the Miami Condo Association Financial Cliff Investors Index™.
The lack of condo activity comes just two weeks before South Florida enters the hot and humid days of the Summer Buying Season - which extends from May through October - that is characterized by fewer visitors, minimal marque events and increased risk of hurricanes.
The Miami Condo Cliff Index™ is a proprietary benchmark that tracks weekly fluctuations in active listings and pending sales, providing a timely snapshot of the South Florida condo market.
Higher values signal a stronger market and lower values indicate a weaker market.
Buyers should focus their attention on weaker markets to achieve deeper discounts while unit owners should only sell in stronger market to maximize sales pricing.
The situation was not much better on an individual county-by-county basis in South Florida.