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Florida Housing Market Faces Correction Amid Rising Costs

6/10/2025

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Summary

Story summary

Florida's housing market is experiencing a correction, with declining property values and slower sales.
The share of foreign buyers in South Florida has decreased to 10%, down from 50% in 2018.
Climate change threatens home values, but affordability remains a top priority for many buyers.
Walt Disney World is addressing rising living costs by developing affordable housing for its employees.

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Story summary

Florida's housing market is experiencing a correction, with declining property values and slower sales.
The share of foreign buyers in South Florida has decreased to 10%, down from 50% in 2018.
Climate change threatens home values, but affordability remains a top priority for many buyers.
Walt Disney World is addressing rising living costs by developing affordable housing for its employees.