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Miami Region March Home Sales
Miami, FL - May 15, 2012 - (RealEstateRama) -- Despite near-record-levels of investor and cash purchases, Miami-area home sales fell about 7 percent in March compared with a year earlier amid a sharp drop in the number of transactions under $200,000. The region's median sale price was flat compared with February but rose year-over-year for the third consecutive month, a real estate information service reported.