Home prices in Miami rose more over the past year than any other major U.S. city, according to the S&P CoreLogic Case-Shiller Index.
The data was released on March 28.
According to the release, home prices in Miami were up 13.8% year-over-year at the end of January 2023.
By comparison, the price gains for the composite 20 city index stood at 2.5% for the year.
The only other city in the index that was up double digits was Tampa (+10.5%).
San Francisco and Seattle actually saw price declines during the period of 7.6% and 5.1% respectively.
Miami’s winning streak for year-over-year price gains in the index has lasted for six months, the release said.