South Florida saw existing home sales hit stride in January, with more than 2,500 condos sold in the month. But the sales surge—the largest since 2005—came amid still-drooping prices.
-from the lead article on the front page of the Miami Herald this morning.
This is news? Sales go up when prices go down? The way those two sentences I quote are put together, especially with the second sentence beginning with the word "But" indicates that the Herald sees a correlation, but misses the connection.
But that's the Herald, and none of us is surprised.
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