Goldman Sachs Forecasts Miami Housing Market To Outperform in 2023 – The Next Miami

The Miami metro area is expected to be one of the few major housing markets that doesn’t see a housing price decline in 2023, according to a new paper by Goldman Sachs researchers (via Fortune).

Overall, Goldman Sachs is forecasting Miami home prices will rise slightly by the end of the year – one of only two major markets in the report expected to see an increase.

Here’s what the Goldman forecast calls for in selected major markets in 2023:

• Miami +0.8%
• Baltimore +0.5%
• New York -0.3%
• Chicago -1.8%
• Las Vegas -11.1%
• Tampa -11.2%
• Seattle -11.2%
• Denver -11.4%
• Phoenix -12.9%
• San Diego -13.4%
• San Francisco -13.7%
• Austin -15.6%