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10 Cities With the Fastest-Rising Home Prices

Detroit, Phoenix among most improved cities on Case-Shiller list

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#8: Miami

floridaYOY Increase: 10.4%

For our next city, we head down south to Miami.

Home prices in the steamy locale barely bested San Diego, gaining 10.4% over February 2012.

Such growth is nothing new for Miami, though. In January, for instance, its prices enjoyed an even better 10.8% improvement.

In fact, according to NuWire Investor, “Housing experts had once predicted that a full recovery in the residential real estate market may take 10 years, but many are changing their tune after the lightning-fast turnaround experienced in 2012 (while) others are forecasting future price growth and a positive outlook for the city.”

Article printed from InvestorPlace Media,

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