driven by steady population growth, rising home values, and a tight local labor market that supports demand. Miami-Dade added roughly 53,000 people over the past year (about a 2.0% increase), a pace a bit slower than Florida overall but faster than the nation, while the county also added about 9,600 housing units (up 0.9%), pointing to modest new supply coming online even as overall demand grows. That mix helps explain why the median home value rose about 8.8% year-over-year to roughly $463,000; this gain is meaningful but slightly smaller than the state and national median-value increases over the same period. A different measure of price movement, the FHFA index for Miami-Dade, shows prices up 2.8% over the 12-month FHFA reporting window, while Florida’s FHFA measure fell slightly over that same period, indicating local appreciation outpaced the state on that index. Because median values and FHFA percentage changes use different methods and timeframes, both figures together suggest prices are rising but at varying rates depending on the dataset.