Is the housing market starting to crash here in South Florida? Hey, I'm Andy with the Mandel team at Remax. If this is your first time for the channel this is where we go over everything there is to know about eating, living, sleeping, playing, and loving the beautiful South Florida lifestyle. So if that interests you, make sure you subscribe to the channel and tap that bell icon. So you get notified every time we do a new video. We get so many calls, texts, and emails every single day from people moving here to South Florida. And we absolutely love it. So if you have any housing related questions and you're planning a move here in South Florida, make sure you give us a call, shoot us a text, or send us an email. However you want to communicate. We…

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One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year.

Here are the latest percentages showing the year-over-year increase in home price appreciation:

  • The House Price Index (HPI) from the Federal Housing Finance Agency (FHFA): 18.8%
  • The S. National Home Price Index from S&P Case-Shiller: 18.6%
  • The Home Price Insights Report from CoreLogic: 18%

The dramatic increases are seen at every price point and in all regions of the country.

Increases Are Across Every Price Point

According to the latest Home Price Index from CoreLogic, each price range is…

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Hey, it's Andy with the Mandel team at RE/MAX and I'm here to bring you your September, 2021 Housing Market Update. As always, for the purposes of this video, we're gonna be talking about single family homes only, no condos, no townhouses in Boca, Parkland, and Coral Springs. Those are the areas where our team does the predominant amount of our business and we're not talking about any 55 and overs or any country clubs here in Boca. So let's get into it.

As always, we're gonna give you the leading indicators to show you where the real estate market is headed in the next 30, 60 days, not where it's been. So these are forward-looking stats.

The first stat we like to look at is the number of new homes hitting the market. In August of 2021,…

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