South Florida home prices posted steady gains in the second quarter, but slower growth would be better for the housing market long term, according to a new report.
The median price for single-family homes in Palm Beach, Broward and Miami-Dade counties was $289,900, up 7.4 percent from the second quarter of 2014, the National Association of Realtors said Tuesday.
The median for condominiums rose 7.1 percent to $156,300. The median means half sold for more and half for less.
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