Home values shot up by $72,000 on average in South Florida, dwarfing what many workers make in a year

Homeowners saw their homes make more money than the typical salary in Florida, a new report from Zillow shows.

Home values in South Florida on average grew by $72,000 in the course of a year, a larger amount than what the typical salary is in the area, according to the report.

“In most areas, the typical home made more money in appreciation than the typical worker made in that area,” said Nicole Bachaud, economist with Zillow. “It’s another way of looking at how crazy home values have risen.”