Home Prices May Be Down – But Not In Florida

Posted: February 26, 2023 | Source: www.floridarealtors.org

With higher home interest rates and fewer buyers, Americans have lost almost 5% of their average home values since last summer. Except in Florida where home values were up almost 20% in Miami, 18% in Sarasota and 17% in Lakeland. Out of the top 10 U.S. metro areas with increased home values, Florida held six of the spots.