David Blitzer, Managing Director of the Index Committee noted the US home price increases has been at a slower pace recently. He also noted the South Florida market "continues to impress" with a year-over-year gain of 10.3%.
The report stated, "as of September 2014, average home prices across the United States are back to their levels posted in the spring of 2005."
The report also noted, "measured from their June/July 2006 peaks, the peak-to-current decline for both Composites is approximately 15-17%. The recovery from the March 2012 lows is 28.8% and 29.6% for the 10-City and 20-City Composites."
Other areas of interest:
| Sep-14 | Monthly | Sequential | Annual |
| Metropolitan Area | Level | Change | Change |
| Boston | 176.59 | -0.10% | 4.50% |
| Chicago | 131.32 | -0.20% | 2.60% |
| Miami | 189.4 | 0.60% | 10.30% |
| Minneapolis | 142.63 | 0.10% | 3.10% |
| New York | 178.14 | 0.00% | 2.80% |
| Tampa | 162.63 | 0.20% | 5.40% |
| Composite 10 | 188.68 | 0.00% | 4.80% |
| Composite 20 | 173.72 | 0.00% | 4.90% |
| Source: | |||
| S&P Indices | |||
| Firserv |
Call me today for more information.
I take an analytical approach to buying, selling and leasing real estate. I work with families, people looking for a rental home, a second home, investors, etc. 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
An Analytical Approach To Buying, Selling and Leasing Real Estate
http://MYsouthFLrealestate.com
The greatest compliment you can give is the referral of your friends and loved ones
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
