The South region -- which includes Texas and Florida -- did increase; it rose 1.3%. But notice the incredibly large increases in the NE -- which rose 30.2% -- and the Midwest -- which was up 17.9%.
The top chart shows the NE region, which has increased 2 consecutive months and currently stands at a 5-year high. The Midwest number is still within recently reported numbers.
While homes are expensive, mortgage rates are still fairly low:
This was a very encouraging report.