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Metro areas › Miami-Fort Lauderdale-West Palm Beach, FL

Metropolitan area

Miami-Fort Lauderdale-West Palm Beach, FL

Florida · 3 counties · 6,391,072 residents (2025 est.)

FHFA annual index 1975–2025Developmental CBSA indexPermits through August 2026
FHFA house price index for Miami-Fort Lauderdale-West Palm Beach, FL, annual from 1975 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2025: 1,236
Miami-Fort Lauderdale-West Palm Beach (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its annual CBSA indexes as developmental and subject to revision. The index does not give a dollar value for any home.

Miami-Fort Lauderdale-West Palm Beach, FL is a metropolitan statistical area of 3 counties and about 6,391,000 residents. FHFA's annual index for it begins in 1975 and has risen +1135.9% through 2025.

Over the ten years to 2025 the annual index rose +137.7% (+9.0% a year), above Florida at +126.8% and well above the national +85.0%.

From a 2006 peak the index fell −46.0% to 2011, regaining the peak in 2020.

Across its counties, 19,393 housing units were authorised in the 12 months to August 2026, 3.0 per 1,000 residents, −3.0% on the previous 12 months.

+1.6%1 year, 2024–2025US +2.8%
+71.8%5 yearsUS +47.0%
+137.7%10 years+9.0% a year annualised
+347.6%since 2000US +158.3%
19,393units permitted, 12 months3.0 per 1,000 residents

Same span, three levels

Change in the FHFA indexMiami-Fort Lauderdale-West Palm BeachFloridaUnited States
1 year (2024–2025)+1.6%−0.5%+2.8%
5 years (2020–2025)+71.8%+59.9%+47.0%
10 years (2015–2025)+137.7%+126.8%+85.0%
20 years (2005–2025)+110.0%+89.6%+79.1%
Since 2000+347.6%+264.2%+158.3%
Since 1975+1135.9%+927.1%+960.7%
10-year annualised+9.0%+8.5%+6.3%
20-year annualised+3.8%+3.3%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+41.1%+68.2%
1990s (1990–2000)+35.6%+33.9%
2000s (2000–2010)+45.5%+29.7%
2010s (2010–2020)+79.1%+35.5%
2020s so far (2020–2025)+71.8%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20062011−46.0%2020
19811982−8.8%1983
19751976−5.3%1978

Building permits across the area

Housing units authorised in the area's 3 counties (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Miami-Fort Lauderdale-West Palm Beach, FL area by month, latest 12 months01,0002,0003,000Sep 2025: 1,507 units (395 single-family, 1,112 in multi-unit buildings)Sep 2025Oct 2025: 1,179 units (520 single-family, 659 in multi-unit buildings)Oct 2025Nov 2025: 1,650 units (439 single-family, 1,211 in multi-unit buildings)Nov 2025Dec 2025: 1,809 units (416 single-family, 1,393 in multi-unit buildings)Dec 2025Jan 2026: 1,769 units (453 single-family, 1,316 in multi-unit buildings)Jan 2026Feb 2026: 779 units (405 single-family, 374 in multi-unit buildings)Feb 2026Mar 2026: 1,569 units (564 single-family, 1,005 in multi-unit buildings)Mar 2026Apr 2026: 2,035 units (553 single-family, 1,482 in multi-unit buildings)Apr 2026May 2026: 1,446 units (602 single-family, 844 in multi-unit buildings)May 2026Jun 2026: 1,559 units (535 single-family, 1,024 in multi-unit buildings)Jun 2026Jul 2026: 2,732 units (549 single-family, 2,183 in multi-unit buildings)Jul 2026Aug 2026: 1,359 units (476 single-family, 883 in multi-unit buildings)Aug 2026

Housing units authorised in the Miami-Fort Lauderdale-West Palm Beach, FL area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Miami-Fort Lauderdale-West Palm Beach, FL area by month, latest 60 months02,0004,0006,000Sep 2021: 832 units (212 single-family, 620 in multi-unit buildings)Sep 2021Oct 2021: 634 units (249 single-family, 385 in multi-unit buildings)Nov 2021: 1,295 units (172 single-family, 1,123 in multi-unit buildings)Dec 2021: 2,063 units (206 single-family, 1,857 in multi-unit buildings)Jan 2022: 1,709 units (561 single-family, 1,148 in multi-unit buildings)Feb 2022: 1,440 units (622 single-family, 818 in multi-unit buildings)Mar 2022: 1,518 units (743 single-family, 775 in multi-unit buildings)Apr 2022: 1,958 units (565 single-family, 1,393 in multi-unit buildings)May 2022: 3,329 units (642 single-family, 2,687 in multi-unit buildings)Jun 2022: 2,079 units (617 single-family, 1,462 in multi-unit buildings)Jul 2022: 1,285 units (578 single-family, 707 in multi-unit buildings)Aug 2022: 1,568 units (602 single-family, 966 in multi-unit buildings)Sep 2022: 1,894 units (558 single-family, 1,336 in multi-unit buildings)Sep 2022Oct 2022: 1,238 units (440 single-family, 798 in multi-unit buildings)Nov 2022: 1,139 units (393 single-family, 746 in multi-unit buildings)Dec 2022: 1,490 units (252 single-family, 1,238 in multi-unit buildings)Jan 2023: 1,685 units (301 single-family, 1,384 in multi-unit buildings)Feb 2023: 2,760 units (382 single-family, 2,378 in multi-unit buildings)Mar 2023: 2,722 units (510 single-family, 2,212 in multi-unit buildings)Apr 2023: 1,244 units (397 single-family, 847 in multi-unit buildings)May 2023: 972 units (408 single-family, 564 in multi-unit buildings)Jun 2023: 2,609 units (535 single-family, 2,074 in multi-unit buildings)Jul 2023: 2,008 units (497 single-family, 1,511 in multi-unit buildings)Aug 2023: 2,916 units (480 single-family, 2,436 in multi-unit buildings)Sep 2023: 1,264 units (574 single-family, 690 in multi-unit buildings)Sep 2023Oct 2023: 1,483 units (512 single-family, 971 in multi-unit buildings)Nov 2023: 960 units (473 single-family, 487 in multi-unit buildings)Dec 2023: 1,334 units (351 single-family, 983 in multi-unit buildings)Jan 2024: 1,749 units (415 single-family, 1,334 in multi-unit buildings)Feb 2024: 1,298 units (396 single-family, 902 in multi-unit buildings)Mar 2024: 1,487 units (407 single-family, 1,080 in multi-unit buildings)Apr 2024: 1,514 units (535 single-family, 979 in multi-unit buildings)May 2024: 1,167 units (505 single-family, 662 in multi-unit buildings)Jun 2024: 2,058 units (450 single-family, 1,608 in multi-unit buildings)Jul 2024: 1,370 units (612 single-family, 758 in multi-unit buildings)Aug 2024: 1,417 units (504 single-family, 913 in multi-unit buildings)Sep 2024: 709 units (435 single-family, 274 in multi-unit buildings)Sep 2024Oct 2024: 1,248 units (400 single-family, 848 in multi-unit buildings)Nov 2024: 1,349 units (335 single-family, 1,014 in multi-unit buildings)Dec 2024: 1,238 units (301 single-family, 937 in multi-unit buildings)Jan 2025: 1,118 units (345 single-family, 773 in multi-unit buildings)Feb 2025: 1,586 units (447 single-family, 1,139 in multi-unit buildings)Mar 2025: 1,663 units (366 single-family, 1,297 in multi-unit buildings)Apr 2025: 1,156 units (585 single-family, 571 in multi-unit buildings)May 2025: 1,361 units (475 single-family, 886 in multi-unit buildings)Jun 2025: 4,731 units (514 single-family, 4,217 in multi-unit buildings)Jul 2025: 2,904 units (502 single-family, 2,402 in multi-unit buildings)Aug 2025: 939 units (391 single-family, 548 in multi-unit buildings)Sep 2025: 1,507 units (395 single-family, 1,112 in multi-unit buildings)Sep 2025Oct 2025: 1,179 units (520 single-family, 659 in multi-unit buildings)Nov 2025: 1,650 units (439 single-family, 1,211 in multi-unit buildings)Dec 2025: 1,809 units (416 single-family, 1,393 in multi-unit buildings)Jan 2026: 1,769 units (453 single-family, 1,316 in multi-unit buildings)Feb 2026: 779 units (405 single-family, 374 in multi-unit buildings)Mar 2026: 1,569 units (564 single-family, 1,005 in multi-unit buildings)Apr 2026: 2,035 units (553 single-family, 1,482 in multi-unit buildings)May 2026: 1,446 units (602 single-family, 844 in multi-unit buildings)Jun 2026: 1,559 units (535 single-family, 1,024 in multi-unit buildings)Jul 2026: 2,732 units (549 single-family, 2,183 in multi-unit buildings)Aug 2026: 1,359 units (476 single-family, 883 in multi-unit buildings)

Housing units authorised in the Miami-Fort Lauderdale-West Palm Beach, FL area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Miami-Fort Lauderdale-West Palm Beach, FL area by year, 1995–2025020,00040,00060,0001995: 15,601 units (15,601 single-family, 0 in multi-unit buildings)19951996: 17,912 units (17,912 single-family, 0 in multi-unit buildings)1997: 13,684 units (13,684 single-family, 0 in multi-unit buildings)1998: 15,140 units (15,140 single-family, 0 in multi-unit buildings)1999: 36,088 units (21,713 single-family, 14,375 in multi-unit buildings)2000: 34,949 units (21,927 single-family, 13,022 in multi-unit buildings)20002001: 35,532 units (22,641 single-family, 12,891 in multi-unit buildings)2002: 39,594 units (21,516 single-family, 18,078 in multi-unit buildings)2003: 39,595 units (23,540 single-family, 16,055 in multi-unit buildings)2004: 46,084 units (24,653 single-family, 21,431 in multi-unit buildings)2005: 45,562 units (22,220 single-family, 23,342 in multi-unit buildings)20052006: 35,110 units (14,750 single-family, 20,360 in multi-unit buildings)2007: 15,145 units (7,101 single-family, 8,044 in multi-unit buildings)2008: 7,821 units (3,272 single-family, 4,549 in multi-unit buildings)2009: 3,875 units (2,289 single-family, 1,586 in multi-unit buildings)2010: 5,877 units (3,171 single-family, 2,706 in multi-unit buildings)20102011: 7,532 units (4,303 single-family, 3,229 in multi-unit buildings)2012: 13,261 units (5,089 single-family, 8,172 in multi-unit buildings)2013: 19,921 units (6,369 single-family, 13,552 in multi-unit buildings)2014: 15,259 units (5,791 single-family, 9,468 in multi-unit buildings)2015: 23,450 units (7,142 single-family, 16,308 in multi-unit buildings)20152016: 18,742 units (6,705 single-family, 12,037 in multi-unit buildings)2017: 19,723 units (6,655 single-family, 13,068 in multi-unit buildings)2018: 19,553 units (7,022 single-family, 12,531 in multi-unit buildings)2019: 20,688 units (7,241 single-family, 13,447 in multi-unit buildings)2020: 21,758 units (7,808 single-family, 13,950 in multi-unit buildings)20202021: 25,313 units (8,316 single-family, 16,997 in multi-unit buildings)2022: 19,721 units (6,971 single-family, 12,750 in multi-unit buildings)2023: 21,320 units (5,512 single-family, 15,808 in multi-unit buildings)2024: 16,352 units (5,825 single-family, 10,527 in multi-unit buildings)2025: 23,453 units (5,873 single-family, 17,580 in multi-unit buildings)2025

Housing units authorised in the Miami-Fort Lauderdale-West Palm Beach, FL area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaFloridaUnited States
Housing units authorised19,393158,3701,418,086
Units per 1,000 residents3.06.74.1
Single-family share30%69%63%
Change on previous 12 months−3.0%−7.4%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Miami-Dade CountyFL+2.8%+147.7%11,2584.0
Palm Beach CountyFL+1.2%+138.9%5,7713.7
Broward CountyFL+0.5%+125.6%2,3641.2

Questions and answers

How much have home values in the Miami-Fort Lauderdale-West Palm Beach, FL area risen over 10 years?

The FHFA annual index rose +137.7% between 2015 and 2025, about +9.0% a year. Over 20 years: +110.0%; since 2000: +347.6%.

Which counties in the Miami-Fort Lauderdale-West Palm Beach, FL area rose most?

By ten-year change to 2025: Miami-Dade County (+147.7%), Palm Beach County (+138.9%) and Broward County (+125.6%).

What happened to Miami-Fort Lauderdale-West Palm Beach, FL prices after 2007?

The index peaked in 2006, fell −46.0% to 2011 and regained the peak in 2020. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Miami-Fort Lauderdale-West Palm Beach, FL area?

19,393 housing units were authorised across the area's counties in the 12 months to August 2026, 30% of them single-family, 3.0 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026); Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1975–2025. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.