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

Dow Jones

2025/11/25

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)

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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: 12.5px; color: #7E829C; margin: 0;}\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<h4 class=\"meta\">\n<div class=\"head\" \">\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 smaller\">2025-11-25 23:52</p>\n</div>\n</div>\n</h4>\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. 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(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</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4195","symbol_name":"互助儲蓄與抵押信貸金融服務","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","HBCP":"Home Bancorp Inc","BK4229":"商业和住宅抵押贷款融资","BK4211":"区域性银行","CFA.SI":"NikkoAM-STC Asia REIT","BK4547":"WSB热门概念"},"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":{"RKT":0.9,"HBCP":1.5,"CFA.SI":1.5},"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"}}}