Miami & Palm Beach Among World’s Fastest-Growing Luxury Markets

The latest data from Knight Frank’s The Wealth Report 2025 reveals an eye-opening trend in global real estate: Florida is surging. Two of its markets — Palm Beach and Miami — are among the top five fastest-growing luxury real estate destinations globally over the past five years.

📈 The Rankings at a Glance:

1. Dubai – 146.6%

2. Palm Beach – 117.2%

3. Manila – 86.6%

4. Miami – 84.3%

5. Aspen – 72.8%

   
   

Rounding out the top 10 are Orange County, Riyadh, Seoul, St. Tropez, and Algarve — further proof that lifestyle, weather, and economic stability continue to drive high-net-worth interest worldwide.

🌴 Florida’s Golden Boom

Palm Beach, coming in second, reflects a surge in luxury demand spurred by its oceanfront properties, elite buyer pool, and low tax climate. Not far behind, Miami continues to attract global investors with its vibrant lifestyle, booming tech scene, and no state income tax.

From waterfront condos in Edgewater to historic mansions in Coral Gables, Miami’s real estate scene has evolved into a magnet for international capital — and this growth is just getting started.

🏙️ Why It Matters

This isn’t just a moment — it’s a movement. These numbers signal a larger trend of migration, investment, and economic confidence in South Florida's future. Whether you're a developer, broker, or buyer, it’s time to recognize the global spotlight shining on Miami and Palm Beach.

Let me know if you'd like this formatted for email, newsletter, LinkedIn post, or with CTA buttons added.