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Wednesday, March 08, 2006

Median prices for existing homes in South Florida rose 23.9 percent in 2005

The real estate group said 72 areas had double-digit increases in their median price -- the price at which half the houses sold went for more, and half sold for less. Included was the Miami-Fort Lauderdale area with a 23.9 percent increase. The biggest run-ups, more than 40 percent, were in Phoenix; around Cape Coral-Fort Myers.; and in Orlando. READ MORE

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