HOUSING PRICES - FLORIDA
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TAMPA MSA
HPI Price Walk:
2000 to Peak: Home prices rose 2.4X, or 13.4% annualized.
Peak to Trough: Decline of 48%, or (11.6)% annualized.
Trough to COVID: Home prices surging again; up 7.6% annualized.
COVID to Fed Tightening: Home prices surge 22.7% annualized.
Fed Tightening: Home prices rise 1.6% annualized.
Fed Pause to Current: Home prices rose 1.6% annualized.
MIAMI MSA
HPI Price Walk:
2000 to Peak: Home prices nearly tripled, or 15.0% annualized.
Peak to Trough: Decline of 51%, or (16.5)% annualized.
Trough to COVID: Home prices surging again; up 6.8% annualized.
COVID to Fed Tightening: Home prices surge 21.2% annualized.
Fed Tightening: Home prices rise 4.7% annualized.
Fed Pause to Current: Home prices rose 4.8% annualized.