Miami Region September Home Sales

Miami-area September home sales rose slightly above a year ago to the highest level in four years as condo demand remained robust and buyers took advantage of lower prices and super-low mortgage rates. Overall sales were still more than 30 percent below average, however, and a variety of home price measures continued to point downward, with the region?s median sale price dropping 17 percent year-over-year, a real estate information service reported.