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South Florida housing market remains pricey, bucks U.S. decline
Desire stays substantial for South Florida’s housing market place, keeping median price ranges in February elevated as income retreat. Previously mentioned: Aerial perspective of the Miami Shores Bayfront Park community looking south toward downtown Miami, on Sept. 30, 2020. Emily Michot While the U.S. housing market in February faltered, snapping a streak of almost 11 years of monthly price jumps, it’s a much different story in South Florida where the housing sector keeps getting pricier as overall sales dwindle. In fact, median sales prices of single-family homes increased from a year ago and last month, according to the housing report released Tuesday by the Miami Association of Realtors. While the…