raises the prospect that the already sizzling Miami residential market, a popular destination for South American buyers, could burn even hotter.
Home sales in Miami-Dade County reached 9,962 in the third quarter, the second-highest total on record and a more than 35% increase from the same period last year, according to the Miami Association of Realtors and Multiple Listing Service system. The record was set in the previous quarter, when Miami recorded 11,553 total home sales.
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