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Home prices are on the rise in S. Florida

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According to the South Florida Business Journal, home prices in South Florida, including distressed sales, jumped 14% in each of the area’s counties, with Miami-Dade leading the change as usual.

In Miami-Miami Beach-Kendall, home prices, including distressed sales, increased by 14.5% in August 2013 year-over-year. On a month-over-month basis, home prices, including distressed sales, increased by 1.4% in August compared to July.

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