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MIAMI—The optimism that has been the bedrock of the South Florida real estate market over the past few years is expected to continue in 2020, according to a new survey by Berger Singerman. Factors such as a growing population, tax-friendly environment, strong tourism industry, appealing weather and world-class development projects have been central to the positive real estate outlook.

However, the survey also revealed that issues like climate change and a decline in foreign investments are starting to put some pressure on the South Florida market.

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