The Real Deal Miami

Home prices show year-over-year stability

April 28, 2010 02:57PM

alternate textClick image for larger version (Source: Standard & Poor’s and Fiserv)

Home prices nationwide showed modest year-over-year improvement in February, according to the Standard & Poor’s/Case-Shiller Home Price Indices, which measure home prices in 10- and 20-city composites. The two indices saw home prices increase 1.4 percent and .6 percent, respectively, over February 2009. Miami saw its rate drop 4.4 percent, which, while not ideal, is a far cry from Las Vegas which saw a decline of 14.6 percent. TRD