Why South Florida

SOUTH FLORIDA MIGRATION

A GROWING POPULATION South Florida's net migration totaled 186,081 since 2019. The increase in population led to residential home sales spiking in South Florida as well as fueling demand for multifamily investments throughout the region. The area has benefited from many wealthy residents moving particularly from the northeast. PROJECTED POPULATION INCREASE The South Florida MSA is projected to have a net migration total of 339,615 over the next 5 years.

THE SOUTH FLORIDA MSA IS PROJECTED TO GROW BY 1.6% THROUGH 2029 .

Net Migration 2019-2024

800,000

NET MIGRATION RANKINGS 2019 - 2024

600,000

400,000

200,000

-

(200,000)

(400,000)

(600,000)

Net Migration (2019 - 2024)

Projected Net Migration (2025 - 2030)

Cushman & Wakefield | Why South Florida

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