West Palm Beach Leads Luxury-Home Price Surge in U.S. Sun Belt -- Market Talk

Dow Jones

Nov 25

1052 ET - West Palm Beach, Fla., is leading a Sun Belt luxury surge that is redefining the upper end of the U.S. housing market, according to Redfin. Luxury homes in the South Florida metro sold for a median of $4.04 million in October, up 187.3% from a decade ago--more than double the national rise of 82.5%. One of the things driving wealthy buyers towards southern Florida is the state's no-income-tax structure, which became even more compelling after the 2017 SALT deduction cap increased the tax burden for high earners in states like New York and California, Redfin says. The rise of remote work since 2020 opened the door for high-earning buyers from big East and West Coast cities to relocate south. Eight of the 10 major metros with the fastest growth in luxury home prices since 2015 are in the Sun Belt. (chris.wack@wsj.com)

(END) Dow Jones Newswires

November 25, 2025 10:52 ET (15:52 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2586253472"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2586253472\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2586253472?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-25 23:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2586253472","market":"hk","top_or_hot":-1,"title":"West Palm Beach Leads Luxury-Home Price Surge in U.S. Sun Belt -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1052 ET - West Palm Beach, Fla., is leading a Sun Belt luxury surge that is redefining the upper end of the U.S. housing market, according to Redfin. Luxury homes in the South Florida metro sold for a median of $4.04 million in October, up 187.3% from a decade ago--more than double the national rise of 82.5%. One of the things driving wealthy buyers towards southern Florida is the state's no-income-tax structure, which became even more compelling after the 2017 SALT deduction cap increased the tax burden for high earners in states like New York and California, Redfin says. The rise of remote work since 2020 opened the door for high-earning buyers from big East and West Coast cities to relocate south. Eight of the 10 major metros with the fastest growth in luxury home prices since 2015 are in the Sun Belt. (chris.wack@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 25, 2025 10:52 ET (15:52 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>West Palm Beach Leads Luxury-Home Price Surge in U.S. Sun Belt -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWest Palm Beach Leads Luxury-Home Price Surge in U.S. Sun Belt -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-25 23:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1052 ET - West Palm Beach, Fla., is leading a Sun Belt luxury surge that is redefining the upper end of the U.S. housing market, according to Redfin. Luxury homes in the South Florida metro sold for a median of $4.04 million in October, up 187.3% from a decade ago--more than double the national rise of 82.5%. One of the things driving wealthy buyers towards southern Florida is the state's no-income-tax structure, which became even more compelling after the 2017 SALT deduction cap increased the tax burden for high earners in states like New York and California, Redfin says. The rise of remote work since 2020 opened the door for high-earning buyers from big East and West Coast cities to relocate south. Eight of the 10 major metros with the fastest growth in luxury home prices since 2015 are in the Sun Belt. (chris.wack@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 25, 2025 10:52 ET (15:52 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4195","symbol_name":"互助储蓄与抵押信贷金融服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2586253472","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586253472","pubTimestamp":1764085920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1052 ET - West Palm Beach, Fla., is leading a Sun Belt luxury surge that is redefining the upper end of the U.S. housing market, according to Redfin. Luxury homes in the South Florida metro sold for a median of $4.04 million in October, up 187.3% from a decade ago--more than double the national rise of 82.5%. One of the things driving wealthy buyers towards southern Florida is the state's no-income-tax structure, which became even more compelling after the 2017 SALT deduction cap increased the tax burden for high earners in states like New York and California, Redfin says. The rise of remote work since 2020 opened the door for high-earning buyers from big East and West Coast cities to relocate south. Eight of the 10 major metros with the fastest growth in luxury home prices since 2015 are in the Sun Belt. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4195":"互助储蓄与抵押信贷金融服务","RKT":"Rocket Companies","BK4211":"区域性银行","BK4229":"商业和住宅抵押贷款融资","BK4547":"WSB热门概念","CFA.SI":"NikkoAM-STC Asia REIT","HBCP":"Home Bancorp Inc"},"translate_title":"西棕榈滩引领美国阳光地带豪宅价格飙升——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFA.SI":1.5,"HBCP":1.5,"RKT":0.9},"content_text":"1052 ET - West Palm Beach, Fla., is leading a Sun Belt luxury surge that is redefining the upper end of the U.S. housing market, according to Redfin. Luxury homes in the South Florida metro sold for a median of $4.04 million in October, up 187.3% from a decade ago--more than double the national rise of 82.5%. One of the things driving wealthy buyers towards southern Florida is the state's no-income-tax structure, which became even more compelling after the 2017 SALT deduction cap increased the tax burden for high earners in states like New York and California, Redfin says. The rise of remote work since 2020 opened the door for high-earning buyers from big East and West Coast cities to relocate south. Eight of the 10 major metros with the fastest growth in luxury home prices since 2015 are in the Sun Belt. (chris.wack@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  November 25, 2025 10:52 ET (15:52 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}