U.S. Florida home prices post biggest decline in at least 13 years


By Xia Lin

NEW YORK, May 2 (Xinhua) -- The housing boom in the southeastern U.S. state of Florida has now shifted into reverse, with prices sliding by the most in at least 13 years, reported Bloomberg News on Friday.

The median price for all types of homes fell 1.7 percent in March from a year earlier, according to Redfin Corp. data going back to 2012.

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