U.S. house prices rose 4.3% between the first quarters of 2022 and 2023, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI). However, year-to-year home prices increases were higher in all eight Florida metros tracked by the study. Six of those were in the top 25 nationally for prices increases, and Tampa, at No. 36, still had a greater year-to-year 1Q price increase the two-thirds of U.S. cities.
Tampa Bay Metro
Up 5.6% year over year
Up 0.7% quarter to quarter
Miami Metro Up 14.1% year over year Up 2.7% quarter to quarter
San Fransisco
Down 10.1% year over year
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Mortgage Rates Jump Up
Mortgage rates jumped this week, as a buoyant economy has prompted the market to price-in the likelihood of another Federal Reserve rate hike. Although there has been a steady flow of purchase
