In the latest Case-Shiller Home Price Indices, Miami showed modest but consistent home price growth.

Miami home prices rose 6.2 percent year-over-year in Feb. 2016 and showed a 0.1 percent increase over January. That monthly increase is half that of the national increase of 0.2 percent, and the city claims the eleventh-highest growth among the 20 metros the Case-Shiller reports – almost squarely in the middle.

National Home Prices Remain Consistent

On the national front, home prices continued to increase in February, rising 5.3 percent year-over-year and 0.2 percent month-to-month. Portland (up 11.9 percent), Seattle (up 11 percent) and Denver (up 9.7 percent) saw the strong yearly gains in the country.

In his comments accompanying the Case-Shiller report, David M. Blitzer, the managing director and chairman of the Index Committee at S&P Dow Jones Indices, emphasized the downside of rising home prices.

“While financing is not an issue for homebuyers, rising prices are a concern in many parts of the country,”

Blister said. “The visible supply of homes on the market is low at 4.8 months in the last report. Homeowners looking to sell their house and trade up to a larger house or a more desirable location are concerned with finding that new house. Additionally, the pace of new single-family home construction and sales has not completely recovered from the recession.”