Report: Houses staying on the market longer in Miami

April 15, 2015 5:00 AM

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Report: Houses staying on the market longer in Miami

Houses are staying on the market longer in the Miami area than in most other big cities around the country, according to a report by the online real estate company Trulia.

The likely culprits? High prices and a glut of new inventory, said Trulia chief economist Ralph McLaughlin.

Also read: Zaha Hadid’s Miami Condo Price Slashed 35%

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