Miami-Dade, Broward existing home sales drop, prices rise
South Florida’s housing market is cooling.The volume of existing home sales in South Florida slowed in November, the latest sign that the housing market is shifting to a more normal pace after a long stretch of torrid gains.While home and condo prices in Miami-Dade and Broward counties continue to post double-digit gains from 2012 levels, real-estate experts broadly agree that price increases will slow during 2014, just as sales are doing.
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