The Sun-Sentinel reports:
The median price of an existing home sold in Broward last month inched up 1 percent to $354,000 from $349,400 a year ago, the Florida Realtors group said Wednesday. The county's prices have been up and down in recent months, but analysts say prices are trending downward across the region.
Broward's median price has slipped nearly 10 percent since peaking at $391,100 in November 2005. One analyst said area prices could drop another 10 percent in the coming year, with some neighborhoods experiencing more severe declines.