SP Case-Shiller Home Price Indices up for South Florida

Home price indexes increased nationwide in August, including in South Florida where an SP Case-Shiller report released today showed a 1.1 percent step up. The South Florida index was at 148.91 in August, meaning average home prices rose 48.91 percent since January 2000 when the index was set at 100. But South Florida prices dropped on the index by nearly 19 percent compared to August 2008, more than that of the 20-city composite measure released Tuesday that showed a 11.3 percent decre

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