Home values in South Florida showed no weakness in November, soaring 17 percent compared to the prior year, according to the latest Case-Shiller numbers. The closely watched real estate index gave the greater Miami market the largest November increase of any of the 20 metropolitan markets it tracks. Between October and November, the Miami index increased .7 percent, the 23rd straight month of rising values. Taking a 12-month view, the Miami index grew the fastest since June 2006.
Miami Herald, 01/28/14