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Investor Presentaiton

Type of Property Fifty-three percent of Florida's international buyers purchased detached or attached single-family homes, which is lower than the 76% share among all U.S. international buyers. Buyers from Brazil, the U.K. and Canada tended to purchase detached single-family homes. Argentine buyers tended to purchase condominiums more so than other international buyers, which is in part a reflection of their overwhelming preference for buying in condo-heavy South Florida. Condo Popularity in Florida Limits Single-Family Share Single-Family Home (Attached/Detached) Share of International Purchases Florida 53% U.S. 76% Argentine Buyers Heavily Favor Condo Purchases Residential Property Purchases of Florida's Major International Buyers Condo or Coop | Detached Single-Family | Townhouse | Residential Land | Other Canada 38% 41% 10% 8% Colombia 42% 24% 18% 7% 9% Brazil 33% 44% 15% 6% Argentina 68% 14% 8% 6% United Kingdom 28% 58% 10% Urban Share Increase Linked to More Latin American Buyers Share of International Buyers Who Purchased Property in a Central City/Urban Area 50% Location Preference Forty-three percent of Florida's international buyers purchased in a central city/urban area, which is consistent with the prior 12-month period, but up from 34% in 2021. The increase can be explained by the higher share of buyers from Latin America who tend to purchase properties in the Miami metro area. Nationally, 35% of all U.S. international buyers purchased property in a central city/urban area. 40% 30% 20% 10% 0% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2023 Profile of International Residential Transactions in Florida 43% 35% Florida U.S. 2022 2023 Florida Realtors®, all rights reserved. 15
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