Case Shiller National Home Price Index: October 2014: South Florida Housing Market Shows Price Growth

The Case-Shiller Housing Index shows South Florida and San Francisco as the two areas that had solid year-over-year price increases during October 2014.

South Florida's housing market saw prices increase by 9.5% on a year-over-year basis in October 2014, according to Case-Shiller.  During that same period, sequentially home prices rose 0.4%, according to Case-Shiller.

The US market as gauged by the Case-Shiller Composite-10 and Composite-20 showed a 4.5% year-over-year increase and a slight decline of 0.1% in October 2014.

David M. Blitzer, Managing Director and Chairman of the Index Committee commented, "after a long period when home prices rose, but at a slower pace with each passing month, we are seeing hints that prices could end 2014 on a strong note and accelerate into 2015."

Other areas of interest:

Oct-14	Monthly	Sequential	Annual
Metropolitan Area	Level	Change	Change
Boston	175.76	-0.50%	4.40%
Chicago	129.86	-1.00%	1.90%
Miami	190.09	0.40%	9.50%
Minneapolis	142.24	-0.30%	2.30%
New York	176.78	-0.50%	2.00%
Tampa	163.85	0.80%	6.10%
Composite 10	188.22	-0.10%	4.40%
Composite 20	173.36	-0.10%	4.50%
Source:
S&P Indices
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