Home pricing including distressed sales jumped a whopping 14 percent in each of South Florida's counties, with Miami-Dade leading the charge as usual, according to CoreLogic.
In Miami-Miami Beach-Kendall, home prices, including distressed sales, increased by 14.5 percent in August 2013 year-over-year. On a month-over-month basis, home prices, including distressed sales, increased by 1.4 percent in August compared to July.
Excluding distressed sales, year-over-year prices increased by 17.6 percent in August 2013 compared to the same time a year ago. On a month-over-month basis, excluding distressed sales, the CoreLogic HPI indicates home prices increased by 2.3 percent in August 2013 compared to July 2013.
In Fort Lauderdale-Pompano Beach-Deerfield Beach, home prices, including distressed sales, increased by 13.9 percent in August 2013 compared to last year. On a month-over-month basis, home prices, including distressed sales, increased by 1.9 percent in August compared to July.
Excluding distressed sales, year-over-year prices increased by 14.8 percent in August compared to the same time last year. On a month-over-month basis, excluding distressed sales, the CoreLogic HPI indicates home prices increased by 1.5 percent in August compared to July.
In West Palm Beach-Boca Raton-Boynton Beach, home prices, including distressed sales, increased by 13.8 percent in August compared to the same time last year. On a month-over-month basis, home prices, including distressed sales, increased by 1.1 percent in August compared to July.
Excluding distressed sales, year-over-year prices increased by 13.5 percent in August 2013 compared to August 2012. On a month-over-month basis, excluding distressed sales, the CoreLogic HPI indicates home prices increased by 0.8 percent in August compared to July.
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