The Real Deal Miami

South Florida home price gains slowing down

Increase was just 0.6 percent from May to June
The Miami skyline

The Miami skyline

Home prices across South Florida grew 11.5 percent in June, year-over-year, continuing the trend of slowing gains, according to S&P/Case-Shiller data.

Home prices increased just 0.6 percent from May to June in Miami-Dade, Broward and Palm Beach counties, not on a seasonally adjusted basis. In April and May, prices were up by 1.2 percent, according to the Miami Herald.

South Florida still outpaced most cities, ranking third in the Case-Shiller 20-City Composite index, behind Las Vegas (up 15.2 percent) and San Francisco (up 12.9 percent.) [Miami Herald] Christopher Cameron