South Florida home prices up 6.2 percent year over year

U.S. Home Prices Up 1.2 Percent for the Month; Up 5.3 Percent Year-Over-Year – At $257K, the U.S. HPI is up 29 percent from the market’s bottom and is just 3.8 percent off the June 2006 peak of $268K – Washington again led all states with 2.1 percent appreciation, followed by Illinois, Oregon and Colorado, [.]

Home sales, prices up in South Florida | Miami Herald. grew 1.2 percent and condo listings grew 6.2 percent for condos compared to last year.. family home sales were up 19 percent year-over.

Florida home values have gone up 4.3% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in Florida is $167. The median price of homes currently listed in Florida is $299,000 while the median price of homes that sold is $228,200.

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Although home prices have gone up 5.7 percent over the past year in the state, the market is starting to cool off, according the Minneapolis Area Association of Realtors. Minneapolis and St. Paul are still hot markets for home buyers, though you can still get good deals in the suburbs too.

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Area prices down 0.2 percent over the two months; up 2.0 percent over the year The Consumer Price Index for All Urban Consumers (CPI-U) for Miami decreased 0.2 percent over the May-June pricing period, the U.S. Bureau of labor statistics reported today. regional Commissioner Janet S. Rankin noted that the energy index declined 2.5 percent.

Prices for food away from home edged up 0.3 percent over the two months. Since June 2016, the food index rose 0.9 percent as a 2.5-percent increase in the food away from home index was partially offset by a 0.3-percent decline in the food at home index.

Home prices in South Florida keep rising, according to a new report from Attom Data Solutions. The index, which tracks prices in 112 U.S. metros, found that median home prices in Miami, Fort Lauderdale and West Palm Beach jumped by 8.9 percent year-over-year to $245,000 in the fourth quarter of last year.

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Prices for goods and services used in construction climbed 6.2 percent over the past year, intensifying a cost squeeze on contractors coping with widespread labor shortages, according to an analysis by the Associated General Contractors of America of new Labor Department data.