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Florida’s West Coast Cities Top WSJ/Realtor.com’s Housing Index
Cities on Florida’s west coast climbed to the top of The Wall Street Journal/Realtor.com Emerging Housing Markets Index, boosted by the growth of remote work and warm weather in the Sunshine State. High-end markets and vacation spots dominated the ranking in the fourth quarter. Luxury-home sales have climbed in the past year as wealthy households benefited from stock-market gains and low borrowing costs. Warmer markets are also typically active in the winter months, when home sales slow in colder states. Naples, Fla., was the top-ranked market for the quarter, followed by North Port, Fla.; Kahului, Hawaii; San Luis Obispo, Calif.; and San Jose, Calif. Three other Florida markets—Cape Coral, Punta…