According to the most recent S&P/Case-Schiller Home Price Index, home price increases in South Florida are among the best in the entire country right now, as Palm Beach, Broward, and Miami-Dade counties saw an 8.4 percent jump in December from a year ago—a percentage that’s only 2nd to San Francisco’s 9.3 percent increase.
Many housing experts across the U.S. consider Case-Shiller to be the best indicator of home prices due to it tracking individual houses over time rather than using median home prices and sold homes in any given month.
However, it’s important to note that the index isn’t fully up-to-date with Realtor board numbers, not to mention it doesn’t include condo prices, which are especially relevant in oceanfront communities around Palm Beach
