Saturday, August 11, 2012

Case-Shiller Home Price Index: April 2012: Pricing Decling Seems To Be Slowing: Homes For Sale: Homes For Rent

The Case-Shiller Home Price Index seems to be showing a deceleration of year-over-year price declines.  The Index shows a year-over-year reduction in pricing of 2.2% in April 2012, which compares with a 2.7% decrease for March.  The sequential pricing saw another relatively flat comparison for April 2012, which was in-line with the results for March 2012.

The S&P Chairman commented that April 2012 "finally showed some rising home prices."  The South Florida market actually saw prices increase by 3.2% on a year-over-year basis in April 2012 and by 0.9% sequentially.



Some areas of interest:

Apr-12 Monthly Sequential Annual
Metropolitan Area Level Change Change
Boston 147.19 0.90% 0.10%
Chicago 103.92 1.10% -5.60%
Miami 141.33 0.90% 3.20%
Minneapolis 109.84 0.50% 3.80%
New York 157.74 0.10% -3.80%
Tampa 127.46 1.90% 0.80%
Composite 10 148.4 1.30% -2.20%
Composite 20 135.8 1.30% -1.90%
Source:
S&P Indices
Firserv

As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.


For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

http://MYsouthFLrealestate.com

Referrals are appreciated and welcomed.


Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty

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