'EXISTING HOME PRICES ARE UP SHARPLY'

Existing home prices in Miami-Dade and Broward counties rose sharply and sales volume increased in April amid tight inventory of homes and condos on the market.

Homes and condos are selling quickly.

US rate in 30 year mortgages rises to 3.59 pct.

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Source: “The Miami Herald”  (May 23rd, 2013)

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