South Florida saw the biggest gain in a monthly measure of national home prices replicating a slow but steady, continued upswing momentum in real estate market for Palm Beach County.
Palm Beach, Broward and Miami-Dade counties experienced an increase in single-family home prices according to the Standard & Poor’s/Case-Shiller Index. According to the most recently released Index, single-family home prices have increased 0.09 percent from the previous month.
Last Tuesday’s report from Standard & Poor, as well as others, point to a slight deceleration in home prices as a normal beginning of the upturn cycle at the end of February. Winter shows no signs of cooling home prices according to the Standard & Poor/Case-Shiller home price indices. They are