The average price of a home in the US is continuing to rise, new figures have shown, which could be of interest to those who own Florida property or are considering investing in the state.

According to Standard & Poor’s/Case-Shiller figures, house prices in the US increased by 1.3 per cent in August.

However, house prices in the country are still 10.6 per cent below the level which they were in 2008, which could still imply that there are Florida property bargains to be had.

Commenting on the figures, Annette Reeve, director at Mayfair International Realty said: "The overwhelming feeling from agents and the public – both American-based and Brits going to the States – is that the bottom has probably been hit and they are starting to go up the other side again and that it is a good time to buy."

Those interested in buying Florida property could find that now is a good time to make the move into US property.

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