Case-Shiller: Miami home prices up 16.2 percent in March from year ago

05/27/2014 11:46 AM

05/27/2014 9:19 PM

Home prices in South Florida rose 16.2 percent in March from a year earlier, according to S&P/Case-Shiller.

Nationally, home price rose 10.3 percent in March from a year earlier, according to the closely monitored report.

Both the national and composite indices for 10-cities and 20-cities “saw their annual rates of gain slow significantly,’’ S&P Dow Jones Indices said in a statement.

The Case-Shiller Miami index, which covers Miami-Dade, Broward and Palm Beach counties, was up 1.6 percent in March from February when seasonally adjusted.

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