Home Prices in Miami Have Surged 106% Since 2014 📈

What We’re Showing

This graphic shows real home price growth in real estate bubble markets over the last decade, based on data from the UBS Global Real Estate Bubble Index 2024.

Figures are as of Q2 2024.

Key Takeaways

• With the highest real estate bubble risk worldwide, real home prices in Miami have more than doubled since 2014, driven by high demand in the luxury property market.
• In San Francisco, real home prices have dropped 10% since mid-2022 fueled by residents moving out of the city due to the high cost of living and the shift toward remote work.
• Home prices in London are worth 9% less than a decade ago as tightening monetary policy has weighed on demand.