South Florida home prices keep rising by double digits, defying higher interest rates
South Florida home prices keep rising by double digits, defying higher interest rates
That’s despite a decline in total annual home sales and the highest inventory of homes available this year in the region, in addition to interest rates more than double last year’s level. Story continues Indeed, the inventory of houses to buy in Miami-Dade reached a 3.7-month supply in October — the most in 12 months — and a 3.8-month supply of condos, the best mark of 2022.