Miami Housing Market Singled Out as Top Performer in January

 

Miami, South Florida Housing Market Singled Out as Top Performer

April 3, 2015 | By Brandon Cornett |

The latest update to the Case-Shiller Home Price Index was published earlier this week, and the Denver and Miami housing markets were singled out as top performers. Prices in those two metro areas rose by more than 8% during the last 12-month reporting period, more than any other city tracked by the index.

According to the report, “Denver and Miami reported the highest year-over-year gains, as [home] prices increased by 8.4% and 8.3%, respectively, over the last 12 months.”

Nationally, prices rose by around 4.5% in January 2015, compared to the same month last year. So these two markets have clearly outpaced the nation as a whole. (The report released on March 31 contained data through the end of January, due to a two-month reporting lag.)

Miami Housing Market Singled Out as Top Performer in January