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Miami is the country’s 4th most valuable housing market, per report. Valued at 864.2 billion

January 4, 2018 by cjongh 1 Comment

Miami is the country’s fourth most valuable housing market as we head into 2018, according to a new report by Zillow.

Trailing only Los Angeles (total value of $2.7 trillion), New York (2.6 trillion), and Washington (996.7 trillion), the total value of Miami’s housing market is an estimated 864.2 billion, which represents a solid 4.7 percent increase year over year.

However, that increase is slightly less than that of the entire U.S. housing stock, which received a 6.5 percent (or 2 trillion) boost this year. It represents the sharpest growth in home values since 2013.

Among the 35 largest U.S. markets, Columbus, Ohio showed the biggest gain, racking up a 15 percent spike in value over the past year.

Miami es el cuarto mercado inmobiliario más valioso del país. Valorado en 864.2 mil millones

Miami es el cuarto mercado inmobiliario más valioso del país a medida que nos acercamos al 2018, según un nuevo informe de Zillow.

Solo por detrás de Los Ángeles (valor total de $ 2.7 billones), Nueva York (2.6 billones) y Washington (996.7 billones), el valor total del mercado inmobiliario de Miami es de 864.2 mil millones, lo que representa un sólido aumento de 4.7 por ciento año tras año.

Sin embargo, ese aumento es ligeramente menor que el de todo el inventario de viviendas de los EE. UU., Que recibió un aumento del 6,5 por ciento (o 2 billones de dólares) este año. Representa el crecimiento más marcado en el valor de las viviendas desde 2013.

Entre los 35 mayores mercados de EE. UU., Columbus, Ohio mostró la mayor ganancia, acumulando un aumento del 15 por ciento en el valor durante el año pasado.

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Comments

  1. Gord Collins says

    January 27, 2018 at 5:21 pm

    Thanks Carmen. Interesting post about the total value of the housing markets. It’s amazing how well Miami and Florida have done. The economy is great (I have family there) and a 5% growth in price isn’t all that dangerous! Good luck in 2018

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