south Florida’s housing market ranks as the most stable in the Sunshine State, according to a report Wednesday from mortgage company Freddie Mac.
The metro area of Palm Beach, Broward and Miami-Dade counties scored 82.4 in June on Freddie’s Multi-Indicator Market Index, up 14 percent from a year ago.
The index measures local and state housing markets by tracking home loan applications, affordability, mortgage loan delinquencies and employment. A score of at least 80 is considered favorable or stable. A perfect score is 100.
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http://www.sun-sentinel.com/…/fl-freddie-mac-housing-201508…