South Florida Inflation Set To Cool, but Housing Affordability Remains a Concern

While recent news has touted the benefits of company relocations and the in-migration of individuals with elevated net worths into South Florida, this has also come at a cost. An influx of $23 billion in adjusted household gross income from 2019 through 2021 has had a significant impact on the market’s affordability, pushing South Florida’s inflation above the national average since early 2022.