Miami tops metro places in household value will increase

Miami tops metro places in household value will increase



CBS Information Miami

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TALLAHASSEE – For the seventh consecutive thirty day period, Miami topped other metro locations across the country in property-cost boosts in February when in contrast to a 12 months previously, according to a report introduced Tuesday.

The Miami area had a 10.8 per cent 12 months-above-yr enhance, although the Tampa place was 2nd-optimum at 7.7 percent, according to the S&P CoreLogic Scenario-Shiller Indices.

The Atlanta place was the 3rd-greatest at 6.6 p.c. Although most metro spots noticed 12 months-around-year will increase, “rate developments moderated in February 2023,” Craig J. Lazzara, running director at S&P DJI, mentioned in a geared up assertion.

As an illustration of the price tag moderation, Miami experienced a 15.9 per cent year-over-year boost in December. Miami and Tampa have been the only Florida marketplaces in the report.



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