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Miami lags rest of Florida on homebuilding and affordability

Original: Why Miami is flunking homebuilding and affordability while the rest of Florida booms

Miami is falling behind the rest of Florida in both home construction and housing affordability, according to a New York Post analysis also carried by Realtor.com. While other Florida cities are booming with new supply and relatively accessible prices, Miami is flunking on both fronts, adding to scrutiny of its housing market where costs have strained local residents.

Why now: Housing affordability is a pressing concern for residents and policymakers, and Miami standing out as an underperformer in Florida is striking.

MiamiFloridaNew York PostRealtor.com

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