Fort Lauderdale housing market hotness ranks 4th in U.S.

Posted on Thursday, April 23rd, 2015 at 6:30pm.

Out of the 49 hottest single-family housing markets, Fort Lauderdale ranks fourth nationwide according to Auction.com.

Residential sales in the city have seen a 7.8 percent gain year-over-year, second highest in the nation behind Denver.  

Home prices and housing demand are not the only reasons that Fort Lauderdale is closing the gap on pre-Great Recession values. The population grew 1.3 percent in 2014, and an estimated 100,000 jobs that had been lost during the downturn have been recovered. 

Palm Beach County ranked 11th in the report.

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