South Florida luxury sales stumbled amid Trump trade wars

The data is in, and South Florida’s luxury real estate market is still working off its “Liberation Day” hangover.  Luxury sales stumbled in the face of global economic instability last year, according to a global report by Knight Frank on home sales of $10 million or more.  Palm Beach closed 127 such sales, totaling $2.4 billion in 2025, down from 159 totaling $2.9 billion the previous year. The Miami luxury market had 145 sales in 2025, a drop from 162 deals the year prior, although the dollar volume in both years reached $3 billion.  South Florida’s luxury real estate agents […]This article originally appeared on The Real Deal. Click here to read the full story.