Will the housing market ever slow down in South Florida? It might take longer than you think.
Some believe that with the perfect storm of low interest rates, continued migration to Florida and the lack of homes for sale, the demand could continue even longer.
The National Association of Realtors believes that home prices will rise by about 9% through 2021, but at a slightly slower pace heading into 2022, growing by 3% due to more houses heading onto the market, according to Nadia Evangelou, senior economist and director of forecasting at the association.
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