South Florida Condo Cliff Index™ Stalls Amidst Trump Tariff Jitters
The South Florida Condo Cliff Index™ released on April 22, 2025, shows no statistical change in the last week amidst wild swings in the global stock and bond markets.
South Florida’s condo market is statistically stuck in neutral amidst turmoil in the global stock and bond markets resulting President Donald Trump’s shifting new and ever changing tariffs policies.
Buyers sat idle on the sidelines last week in the tricounty region of Miami-Dade, Broward and Palm Beach rather than venturing into the current condo market given the global uncertainty.
As a result, the South Florida Condo Cliff Index™ - which aggregates conditions in Miami-Dade, Broward and Palm Beach counties - was unchanged at 7.30 points on a week-over-week basis as of April 22, 2025, according to the Miami Condo Association Financial Cliff Investors Index™.
The South Florida Condo Cliff Index™ launched on Jan. 1, 2025, at 6.85 points.
The lull in condo activity comes less than 10 days before the start of the South Florida Summer Buying Season, which extends from May through October. The Summer Buying Season 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 mixed on an individual county-by-county basis in South Florida.