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South Florida home prices outpaced annual national growth in January

Resale prices of South Florida’s existing single-family homes continued to rise in January, outpacing annual growth nationwide, according to a closely watched market barometer. But the rate of growth is slowing down, signaling a more stable market, analysts said.


“I think the underlying fundamentals are strong,” said Jon Gelman, who practices real estate law at Greenberg Traurig. “Interest rates are still favorable, the job market is still favorable, and so are the demographic trends of people wanting to move down here.”

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