Miami single-family home prices outpace condo prices, Lance Lambert notes

Miami single-family home prices outpace condo prices, Lance Lambert notes
Miami single-family homes outperform condos

Lance Lambert compares year-over-year changes in home prices across ZIP Codes in the core area of Miami, highlighting a difference between the condominium and single-family housing markets.

Over the past year, Lambert observes that Miami's single-family home market has demonstrated greater resilience than the condominium segment.

Lambert previously reported that Florida recorded its first year-over-year increase in single-family home prices after 13 consecutive months of declines, citing the Freddie Mac House Price Index (article). He also wrote that homebuilders in Sun Belt cities halted the growth in unsold new-build inventory by increasing incentives and reducing new starts (article). The recent trends in Miami's core area follow these statewide and regional shifts described in earlier coverage.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.