Top 10 Cities With Rising Home Prices

Case-Shiller Index for September shows more promising data

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5. Miami

Miami Top 10 Cities With Rising Home PricesYOY Increase: 7.4%

Miami experienced a 6.7% one-year gain in August and increased its home prices even more in the year leading up to September — 7.4%, to be precise, landing Miami in the top five.

Plus, that gain came despite the fact that, month-over-month, prices only rose 0.1%.

A recent report by the Miami Association of Realtors supported a strengthening housing market in Miami, citing surging residential sales despite low inventories, along with a falling number of days on market for single-family homes and condominiums.


Article printed from InvestorPlace Media, http://investorplace.com/2012/11/top-10-cities-with-rising-home-prices/.

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