South Florida real estate sales drop 25%

South Florida's Broward County residential real estate sales continued to fall by double digits in May, as for-sale inventory soared from a year ago, according to statistics provided by the Realtor Association of Greater Fort Lauderdale.

Single-family home sales totaled 808 in May, down 25 percent from a year ago when 1,071 homes were sold. May saw 944 condominium-townhouses sold, down 32 percent from 1,379 sales in May 2005.

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