Friday, October 23, 2020

Is The Risk Of Sea Level Rise Affecting Florida Home Prices? A New Study Says Yes


A new study has found that home sale prices and volume appear to be declining in Florida coastal areas at vulnerable to rising sea levels compared to coastal areas with less risk. Here, the balcony view from a luxury condo in Sunny Isles Beach, Fla., in 2017.

Research published this week finds that home sales volume and prices have declined in coastal census tracts vulnerable to sea level rise, relative to coastal areas less threatened by climate change.

(Image credit: Rhona Wise/AFP via Getty Images)

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