Miami Newsletter August 2025

Miami Newsletter August 2025 Edition and Around Town Activities

Here is your Miami Newsletter August 2025 edition packed full of information and wonderful activities around Miami.

Hello,

Summer is in full swing, and while Miami’s temperatures are sizzling, so is the housing market’s story of resilience. Sales may have cooled as many buyers wait for mortgage rates to dip, but Miami-Dade home prices continue to rise—marking 14 straight years of appreciation for both single-family homes and condos. Million-dollar properties now make up a record share of sales, fueled by steady job growth, low inventory, and ongoing demand from out-of-state buyers.

This month’s spotlight is Cora Merrick Park, a new residential building coming to the heart of Coral Gables. Designed with wellness and sustainability at its core, this biophilic-inspired community is poised to reshape the area when completed in 2027.

We’ve also included two important reads: one on the recently passed increase in the SALT deduction cap and what it means for Miami-Dade, and another exploring the proposed bill to eliminate the capital gains tax and its potential impact on real estate.

Be sure to scroll down for the latest average interest rates and a roundup of events happening around town this month.

Stay cool, stay informed—and as always, I’m just a call away if you need help navigating your next real estate move.

Dive in and stay inspired!

John