Florida overtakes New York as second most-valuable housing market in U.S.

📆 2023-09-26 23:47:00
📰 fpinvesting

⏱ Reading Time:
53 sec. here
2 min. at publisher
📊 Quality Score:
News: 24%
Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Florida has overtaken New York to become the second most\u002Dvaluable United States housing market, according to a new study by Zillow. Read on.

Play Video

The total value of U.S. housing rose more than US$2.6 trillion in the past year, Zillow said, defying predictions that higher borrowing costs would lead to a prolonged slump. Low levels of supply, enhanced by the lock-in effect — which has left current mortgage borrowers reluctant to give up their low-cost loans — have pushed nationwide prices to a new high.

National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Subscribe now to read the latest news in your city and across Canada.Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.

National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Create an account or sign in to continue with your reading experience.Share your thoughts and join the conversation in the comments.Don't have an account?

Skriv Kommentar

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Florida Overtakes New York as Second-Biggest US Housing MarketFlorida has overtaken New York to become the second most-valuable US housing market, according to a new study by Zillow.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »