Real Estate & Home

Newly Built Urban Homes Carry a Massive Price Premium-Up to 300% in One Florida City

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Urban newly built homes command a significant price premium compared to existing homes, with Miami seeing the highest at 305.2%. This trend highlights the high demand for urban housing and the challenges in meeting this demand due to limited supply and stringent regulations. Cities are now exploring policies that promote denser infill development to address affordability issues and increase tax revenue.

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