Residential closings dipped 25 percent in Miami-Dade and 5 percent in Broward in the first quarter.
June 09, 2016 at 02:00 AM
1 minute read
Residential transactions were down across the board in Miami-Dade and Broward counties during the first quarter.
Only 42 waterfront homes sold in Miami-Dade compared with 76 in the same period last year for a 45 percent dip, according to ONE Sotheby’s International Realty. The Miami area suffered the most with its single-family home and condo market displaying steep decreases in transaction volumes compared with Broward.
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