Just Released: Analytics Miami 2025 Q4 Report & Forecast Themes of the week: Wealth Migration • 2025 Q4 Report & Forecast • New Interviews Wealth migration is the theme of the week, and will be the theme of the century. Global HNWI relocations reached record levels in 2025 and still increasing into 2026. Within the United States, a clear trend persists: high value tax payers are relocating and our feeder jurisdictions are predictably increasing their hostilities to capital. The net effects of California billionaire tax are obvious. Recall that Bezos moved to Miami when his home state proposed a wealth tax. He would have accounted for 45% of the theoretical revenue. Today I read that the Netherlands is likely to start taxing unrealized capital gains at 35%. One starts to wonder what these regimes may start doing to curtain inevitable exoduses. Wealth mobility is real. Miami's emergence as a destination for wealth is evident in the year-end and Q4 numbers.
Q2 2025 Miami Dade Real Estate Report & Ana Bozovic Speaking at Inman Miami
Q2 2025 has wrapped up, and the tale-of-two-markets story continues to play out in Miami Real Estate.
This is fully explored in my Q2 2025 Miami Dade Report.
I covered many of these points in my Inman Miami 2025 presentation.
The video above has a decent chunk of the presentation. My talk should help make the Q2 data make sense.
Download the full annual 2025 Q2 Miami Dade Real Estate Report & Forecast
On page 2, I added a new page called “Bonus Super Prime Analysis”
> SFH and Condo sales past $20M are at record pacce
SFH sales volume is up 425% vs 2019.
Condo sales volume is up 700% vs 2019.

The most striking growth is at the very top of the price-per-square-foot spectrum.
Sales at $3,000/sf were virtually nonexistent pre-Covid.
The rapid expansion of this segment underscores Miami’s rising stature on the global stage and reflects the spending power of the ongoing wealth and talent migration.

Two more clips from my Inman Talk
