Tuesday, January 29, 2013

Home Prices Up

The Case Shiller Home Price Indices for November 2012 were released this morning with South Florida back in positive territory in the month-over-month measurement (there was a slight decline in last month's report).  Prices rose three-fourths of one percent in the month, were just under 10% above November 2011 and racks up an increase of 9.75% for January-November 2012.

This study includes 20 metropolitan areas with 19 increasing in November.  The greatest increases are being experienced in Phoenix where prices were up almost over 23% over the twelve months ending in November.

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