According to the S&P/Case-Shiller Price Indices reported that August prices were up in 19 out of the 20 cities since July ad up in 17 cities year-over-year. Home prices across the U.S these days are back to what they were back in the summer of 2003. The 20-city index is 2% above its level from 2011. The local Jacksonville movers learned that home prices did decrease in three cities since last year including Atlanta (by 6.1%), New York (by 2.3%) and Chicago (by 1.6%). Even though Atlanta had declines in home prices compared to last year, prices did go up from July to August. All My Sons of Jacksonville found out that even with this slow, steady recovery, three cities are still reporting home prices that are lower than 2000 levels. These cities include Atlanta, Las Vegas and Detroit. The real estate market in Phoenix did the best with increases of 18.8% in home prices. Detroit followed up with increases in 7.5%. Minneapolis was next and Miami followed up with home prices that increased by 6.7%.
Were you able to sell your home at a better price? Are you looking to move? For professional moving services, call the local Jacksonville moving specialists for an affordable moving quote and help finding quality moving boxes and moving kits for all types of home sizes.
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