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Chart of the Day: West vs. East Prices

Crews Bank & Trust Wealth Management Services 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

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

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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