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Miami Area's Home Prices Growth Top in the US!

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The Case-Schiller Real Estate report watches over 20 US markets behaviors, comparing monthly and year-round trends. The latest report shows market's behaviors in November, and it threw Miami as the top real estate market in the US! These report takes into account home values, and for the Miami area it also includes Broward and Palm Beach as part of the sample of study.

Home values in South Florida

Miami's score grew 0.7% from October to November, showing a strong growth trend for the past 23 months! That is two years of straight growth for this appealing market, and the fastest growth since 2006, a year prior the condro crash crisis. Today, home prices continue to grow, and had a quick pace throughout 2013. However, experts consider that prices will grow at a more moderate pace in 2014, which secures the stability and sustainability of the market.

The graphic above, taken from the Miami Herald, is telling. The lowest valley for home prices was during 2009, and from late 2011 prices began a high-speed rise, to reach a peak last year. We're looking forward to see these analysis for 2014, a year of greatly funded well performance of the Miami market!

Miami Area's Home Prices Growth Top in the US!

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