If you are on the fence about purchasing at Havana Enclave, the latest research from the National Association of Realtors offers a compelling reason to take action. At NAR’s 2026 Residential Economic Issues and Trends Forum, Chief Economist Dr. Lawrence Yun delivered an encouraging outlook for the second half of the year. NAR’s current forecast calls for existing-home sales to rise 4% this year, with the median home price also climbing 4%, and mortgage rates projected to average 6.5% in 2026. For prospective buyers in South Florida, that combination of rising prices and stabilizing rates is a strong signal that the window to lock in value is right now.

Perhaps the most important takeaway from Yun’s presentation is what ownership means for your financial future. Yun projects that the typical homeowner will gain approximately $16,000 in housing wealth this year alone, and put it plainly: “Homeowners will continue to build wealth, while renters are simply spinning their wheels.” At Havana Enclave, every monthly payment builds equity in a property that is yours, in a community designed to appreciate over time. Renting in Miami, by contrast, puts money into someone else’s pocket with nothing to show for it at the end of the lease.

The broader economic picture supports confidence in buying today. Despite headwinds in the housing market, Yun said the U.S. economy will avoid a recession in 2026, pointing to strong business investment in artificial intelligence and data centers, with the unemployment rate expected to remain under 5% and job gains projected to reach 400,000 this year. A resilient job market and growing economy are precisely the conditions that sustain real estate values, and Miami continues to attract professionals, entrepreneurs, and remote workers who fuel demand for quality housing.

Yun also offered a remarkable long-term perspective that speaks directly to buyers who wonder whether now is the right time. Running multiple scenarios on when the national median home price, currently $430,000, would reach $1 million, each scenario pointed to the same answer: about 25 years. To illustrate the power of long-term appreciation, Yun noted that the national median home price was just $90,000 in 1990. The lesson is clear: think long term and don’t overreact to daily news headlines. Buyers who waited for a “perfect” moment in past decades watched prices climb steadily beyond their reach. Havana Enclave represents the kind of opportunity that rewards patience and vision.

Havana Enclave's sales are being led by The Oscar Arellano Team at Coldwell Banker Realty, with Oscar Arellano, Eyvis Mendoza, and Nelson Albareda heading the effort as exclusive sales representatives for the project. To learn more or to schedule a visit, stop by our Sales Gallery at 3485 W. Flagler St., Suite 100, open Monday through Friday from 10 a.m. to 6 p.m. and Saturday from 11 a.m. to 5 p.m. Sunday by Appointment Only. You can also reach the sales team at (305) 802-2266 or visit havanaenclave.com.

Developer The Astor Companies continues to make incredible progress on the construction of Havana Enclave as it moves closer to its expected completion in the first quarter of 2027. Havana Enclave reflects Astor’s commitment to meet Miami’s housing needs and help the city it calls home reach its full potential.

Havana Enclave General Contractor BDI Construction framed the unit spaces where the project’s buck hoist previously was, getting the spaces ready for drywall installation. Meanwhile, barbecue framing and cement work are underway on Havana Enclave’s pool deck.

Astor and the Havana Enclave team look forward to officially opening the building later this year! For more information about the project, visit blog.HavanaEnclave.com or email Info@HavanaEnclave.com.