MIAMI (DQNews) -- Home sales in the Miama region dipped more than usual from March but were still the highest for an April in five years, with condo resales reaching a six-year high. The overall median sale price rose slightly from March but fell short of a year ago for the 43rd consecutive month amid near-record-high levels of investor and cash buying, a real estate information service reported.In April, 9,727 new and resale houses and condos closed escrow in the metro area encompassing Miami-Dade, Palm Beach and Broward counties. April sales fell 5.0% from the prior month but increased 17.8% from a year earlier, according to San Diego-based DataQuick. The firm tracks real estate trends nationally via public property records.
Miami Hits 5-Year High in April Home Sales
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