Florida's population grew by over 365,000 in 2021, despite hurricanes impacting housing prices.

Florida's population continues to grow despite hurricanes, adding over 365,000 residents in 2021. Studies indicate that any migration after storms is often temporary, with wealthier new homeowners driving up prices in affected areas—averaging 5% higher than elsewhere within three years post-hurricane. Stricter building codes have made newer homes more resilient. Although recent sales have declined, factors like rising costs and interest rates contribute more significantly than hurricanes.

November 01, 2024
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