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Chart of the Day: West vs. East Prices

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer Jun 15, 2023

Contents

Today’s Chart of the Day from the Wall Street Journal shows that home prices are falling on the West Coast of the U.S. and rising in the East. Some of the top increases are in the Miami and Tampa areas. Prices are declining on the West Coast due to technology industry layoffs and increased competition from Florida due to attractive weather and lower taxes.

A bonus chart from the same article shows that Tampa had the largest price increase of over 59% over last three years.

west v east prices 2

 
Chart of the Day

About the Author

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer
Samuel A. Kiburz, Senior Vice President, Chief Investment Officer

Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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