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R>The Miami real estate market continues to strengthen as it nears a full year of significant price increases fuelled by strong sales and an inventory shortage, according to the latest report from the Miami Association of Realtors.
Despite very limited inventory, total residential sales in Miami-Dade County surged 24.2% in October compared to a year earlier. The sales of existing condominiums in Miami-Dade increased 13.1% while sales of single family homes increased 41.9%.
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