Home prices continued their steady climb rounding out 2015, rising both year over year and month over month, according to CoreLogic.

Across the nation, home price appreciation averaged a 6.3 percent increase from Dec. 2014 to Dec. 2015 – adding to a more than year-long trend of similar increases, said CoreLogic Chief Economist Franck Nothaft.

“Nationally, home prices have been rising at a 5 to 6 percent annual rate for more than a year,” he said.

However, Nothaft went on to explain that national price increases were hardly reflective of how prices were rising at a metro level, where appreciation can “vary substantially.”

“Some metropolitan areas have had double-digit appreciation…while others have had price declines,” he added.

While appreciation in Miami has slowed throughout 2015, home price growth in the Magic City is still outpacing the nation. In December, prices in the city jumped 6.8 percent, while statewide prices increased 7.7 percent.

Though inventory has faltered in Florida’s biggest metro, alongside local demand, interest from foreign buyers continues to drive the market’s strong performance. The Treasury Department’s plan to increase scrutiny on some cash sales in Miami could curb the number of foreign buyers purchasing in the city. But for the now the slight slowdown in appreciation is a good sign for a city widely accused of being “overvalued.”

Looking back at the nation, CoreLogic’s president and chief executive, Anand Nallathambi, said that improved property values are likely to fuel what he expects will be a surge in desperately needed single-family construction, padding inventories and hardening the ceiling on exorbitant appreciation.

“Higher property valuations appear to be driving up single-family construction as we head into the spring. Additional housing stock, especially in urban centers on the coasts such as San Francisco, could help to temper home price growth in the longer term,” he said. “In the short and medium term, local markets with strong employment growth are likely to experience a continued rise in home sales and price growth well above the U.S. average.”