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South Florida

Home prices show year-over-year stability

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

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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

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Case-shiller Home Prices IndexStandard & Poor’s