South Florida residential sales nosedive in June
South Florida’s residential market has been slowing for months, and June was no exception. Sales fell in June, year-over-year, as dollar volume for Miami-Dade, Broward and Palm Beach counties dropped to $4.8 billion from $5.3 billion in June of last year, according to Multiple Listing Service data collected by the Miami Association of Realtors. That equates to a 9 percent drop for the tri-county region. Miami-Dade County was the only market to show price growth, with median prices falling for both single-family homes and condos in Broward and Palm Beach counties. Miami-Dade County In Miami-Dade County, total sales fell 10 […]This article originally appeared on The Real Deal. Click here to read the full story.
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