The Case Shiller Composite-10 and Composite-20 showed a sequential decrease of -0.3% and -0.2%, respectively in November 2014; the Composites were up 4.2% and 4.3% on a year-over-year basis in November, respectively.
South Florida and San Francisco lead all US cities in year-over-year home price gain in November 2014, according to the Case Shiller Home Price Index.
This compares with South Florida which showed a 0.6% sequential increase in November 2014, according to Case Shiller and a year-over-year increase of 8.6%.
David Blitzer, Managing Director and Chairman of the Index Committee stated, "with the spring home buying season and spring training, still a month or two away, the housing recovery is barely on first base. Prospects for a home run in 2015 aren't good. Strong price gains are limited to California, Florida, the Pacific Northwest, Denver and Dallas. Most of the rest of the country is lagging the national index gains."
Other areas of interest:
Nov-14 | Monthly | Sequential | Annual |
Metropolitan Area | Level | Change | Change |
Boston | 175.45 | -0.20% | 4.00% |
Chicago | 128.37 | -1.10% | 2.00% |
Miami | 191.13 | 0.60% | 8.60% |
Minneapolis | 141.12 | -0.70% | 1.50% |
New York | 175.33 | -0.80% | 1.50% |
Tampa | 165.18 | 0.80% | 6.80% |
Composite 10 | 187.71 | -0.30% | 4.20% |
Composite 20 | 172.94 | -0.20% | 4.30% |
Source: | |||
S&P Indices | |||
Firserv |
I take an analytical approach to buying, selling and leasing real estate. 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
No comments:
Post a Comment