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5 things to know, including how South Florida's housing market did in August


Business Journal
23 Sep 2016

Buenos d'as, South Florida.

SoFla housing sales are a mixed bag.

1. Miami condo woes

South Florida home sales were mixed in August, with single-family homes selling faster than condos, according to the Florida Realtors. Sales of existing single-family homes in the tri-county area jumped 9.8 percent to 4,580, after a dip in July. The median sales price grew 8.6 percent to $315,000. For South Florida's condo/townhouse market, sales declined 1.3 percent to 3,785, the ninth straight month of lower...

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