There were more homes and condos looking for buyers in South Florida last month than there have been in almost six years. The supply of houses for sale kept climbing as median condo and single family home prices kept going in opposite directions — condo prices are falling while home prices are increasing.
Sales of existing condos fell in Miami-Dade, Broward and Palm Beach counties in March. However, the pace of the decrease was less than in previous months.
It was a very choppy first quarter of the year for regional condo sales as new reforms took effect for older condominium buildings…