Numbers Don't Lie....

TOTAL EXISTING HOME SALES - including single-family, townhomes, condominiums and co-ops – rose 3.9 percent to a seasonally adjusted annual rate1 of 6.69 million units in February from a downwardly revised level of 6.44 million in January.

Last month’s increase was the biggest monthly rise in three years.

Single-family home sales increased 3.7 percent to a seasonally adjusted annual rate of 5.88 million in February from 5.67 million in January, but are 3.4 percent below the 6.09 million-unit pace in February 2006. The median existing single-family home price was $211,100 in February, down 1.5 percent from a year ago.

Existing condominium and co-op sales jumped 5.3 percent to a seasonally adjusted annual rate of 810,000 units in February from a level of 769,000 in January, but are 5.2 percent below the 854,000-unit pace in February 2006. The median existing condo price3 was $225,400 in February, up 0.5 percent from a year earlier.

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Arnowitz & Associates, Taking Over The Market, One Property At A Time!

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Has your life been marked with achievements and rewards far beyond the experience of most? As an exceptionally successful individual, you have positioned yourself, through hard work and intelligence, as a leader in your career and your community. Along the way, you've grown accustomed to savoring the very best life has to offer. Why not add quite possibly the BEST team in South Florida Real Estate to represent you.

Arnowitz & Associates Specializes In The Sales and Marketing of South Florida's Finest Properties. Allow us the honor of marketing your property.

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Arnowitz & Associates, Taking Over The Market, One Property At A Time...