Case-Shiller Index Findings for Miami/Fort Lauderdale
The market value of single family homes in the Miami/Fort Lauderdale market declined 2.7% in December. The decline is a bit higher than November (-2.1%) but an improvement from the years’ steepest decline of -4.51% in March. Based on this index the value of single family homes decreased an average of 33.52% for 2008.