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Trulia: Miami Asking Prices Leap 14.3% in January

by Peter Thomas Ricci

Miami’s housing market continued to grow in confidence in January.

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Asking prices in the Miami housing market increased 14.3 percent year-over-year in January, according to the latest Price Monitor from real estate website Trulia.

Even better, Miami’s 6.1 percent quarterly increase in asking prices was the strongest among large housing markets, and its 8.5 percent yearly increase in asking rents was good for the third strongest.

How did our local housing market, though, compare with not only the national averages, but also similarly sized housing markets? Take a look at our graphs below to find out:

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