Miami Home Prices Expected to Rise 14% by 2018
A new study predicts good things for Miami’s housing market in the coming years.
Home prices in the Miami residential real estate market are expected to rise by 14 percent from 2012 to 2018, according to the latest report from the Demand Institute.
Cleverly titled “A Tale of 2000 Cities,” the report analyzed more than 500 metrics – including not just home prices, but also labor market conditions, crime rates, education provision, and demographics – in the nation’s 50 largest metropolitan areas, which encompassed 2,200 of the largest cities and towns, all with the end goal of diagnosing the health of local housing markets.
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