The Real Deal Miami

Market may have hit bottom, Metrostudy says

July 29, 2009 01:09PM

Consulting firm Metrostudy said South Florida has hit a bottom, but the data may be muddy and doesn’t mean a sharp recovery is on the way. Housing starts data finds mixed indications as inventory, including units under construction, completed empty units and model homes, stayed steady from its second-quarter level. Building is slowing and sales are uneven across the area.