• Sign Up
  • Log In
William Barnes | Broker
William Barnes - Phone/WhatsApp
(954) 661-5301wjcbarnes@gmail.com
  • Search
  • Preconstruction Luxury Highrises
  • Featured Cities
  • Buying
    • Buying Info
    • Search Homes
  • Selling
  • About
    • Learn More
    • Meet the Expert
    • Our Testimonials
  • Articles
  • Resources
    • Foreign Buyers
    • Choose Miami
    • Market Insight Videos
  • Invest in the US
  • Schedule A Meeting
  • Contact
  • William Barnes - Phone/WhatsApp(954) 661-5301
    wjcbarnes@gmail.com
    Copy Email
  • Office
    555 West 5th Street
    Los Angeles, California
    (424) 325-0643
    support@closehack.com

Explore

  • Property Search
  • Communities
  • Buying
  • Selling

About

  • About
  • Contact Us
  • Testimonials
  • Home
William Barnes | Broker - Footer Logo
  • Notice of Exclusive Property Listing
  • Privacy
  • Terms
  • DMCA
  • Accessibility
  • Fair Housing
© 2025 WJS Florida Realty. All rights reserved.
Website built by CloseHack.
Miami Association of REALTORS®

MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

Beaches MLS

© BEACHES MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

My Florida Regional MLS DBA Stellar MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: William Barnes | Broker

U.S. Home Prices Reach New High in August, but Growth Slows as Demand Cools | Case-Shiller Index Report

Case-Shiller: Home prices hit all-time high again in August, but rate of increase slowed

Published 10/31/2024 | Posted by William Barnes

Home prices hit yet another all-time high in August, but the pace of the rise slowed from previous readings,S&P Dow Jones Indices said.

Specifically, the S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 4.25% year over year but slid 0.13% month over month. In July, the rate of increase was 4.8%.

“Home-price growth is beginning to show signs of strain, recording the slowest annual gain since mortgage rates peaked in 2023,” Brian Luke, head of commodities, real and digital assets, at S&P Dow Jones Indices, said in a press release. “As students went back to school, home-price shoppers appeared less willing to push the index higher than in the summer months.

“Prices continued to decelerate for the past six months, pushing appreciation rates below their long-run average of 4.8%. After smoothing for seasonality in the data, home prices continued to reach all-time highs, for the 15th month in a row.”

In Miami, home prices posted a 5.06% year-over-year gain in August, while they dipped 0.1% month over month.

The 10-city composite index rose 5.98% on a yearly basis but declined 0.36% on a monthly one, while the 20-city composite rose 5.2% annually and lost 0.32% monthly.

“Despite much-needed optimism, brought by a sharp decline in mortgage rates in August, the boost was short lived and not enough to renew homebuyers’ interest,” CoreLogic Chief Economist Selma Hepp said in a statement. “As a result, home prices continued to weaken relative to their seasonal trend, and year-over-year gains took a step back. Nevertheless, bifurcation in housing demand and price growth remained with the West and South seeing stronger slowdown in home prices and the Northeast and Midwest continuing to see home-price gains remain robust.”

​by John Yellig​


Related Articles

Keep reading other bits of knowledge from our team.

    Request Info

    Have a question about this article or want to learn more?