The Coral Gables City Commission approved plans on Tuesday for a mixed-use project that aims to transform a corner of South Dixie Highway. NP International, the developer behind the planned Paseo de la Riviera project, received approval for Gables Station, which includes residential units, a hotel, retail, parking and open space. The 4.3-acre development would...

This is the biggest increase since February 2008, said Trulia’s economist. The Census Bureau and HUD use sample surveys to collect data for their home sales, which means this data is subject to sampling variability as well as the typical statistical variance. The survey is based on a sample of houses pulled from building permits. “Sales” are defined as...

 South Florida CEOs share their ideas | Miami Herald Dr. Alejandro Badia is an orthopedic surgeon who leads a network of orthopedic urgent care centers called OrthoNOW based in Doral. The company has locations in Miami-Dade and Broward counties.This week’s question: A comprehensive new report names transportation, housing and income inequality as Miami’s...

Both Homestead and Miami’s 33150 ZIP code offer some of the best housing opportunities in the country, according to a new analysis from RealtyTrac. In its report, RealtyTrac analyzed 3,561 ZIP codes nationwide, focusing on areas with: at least 2,500 residents; an increase in construction loans from last year; an average home flipping return of at least 60...

The Real Estate Sector will be the first newly added sector to the GICS since it was introduced to the S&P Dow Jones in 1999. In September, the real estate companies in the financial sector will be evaluated and reclassified. NAREIT Research and Investor Outreach EVP Michael Grupe tells Bisnow about 97% of the new sector’s equity market cap will come from...

Some investors are growing less confident in the stock market and have turned to real estate for returns—and others have become so risk-averse that they prefer operating in only cash dealings. A recent study reveals one-quarter of investors name real estate as their investment of choice over a period longer than 10 years, 23% say they’d rather keep their money...