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February 09, 2018

Stream of Foreign Buyers Grows in South Florida But Slows in Miami-Dade

South Florida housing is an even bigger draw for foreign buyers, whose spending bumped up by double digits in the latest annual report.

Foreign buyers spent $7.1 billion on 15,400 properties in the year ended July 2017 in Miami-Dade, Broward, Palm Beach and Martin counties, about 14.5 percent more than the previous year, according to a Miami Association of Realtors study.

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