| According to the Florida Association of |
| Realtors (FAR) statewide the existing home |
| median price rose 3% to $257,800; a year ago, |
| it was $249,800. Home sales are projected |
| to ease modestly but should stay within a |
| relatively narrow range over the balance of |
| the year-- signs that the market is stabilizing, |
| according to the National Association of |
| Realtors (NAR) housing industry analysts. |
| Still, NAR expects 2006 to be the third |
| strongest sales year on record. Analysts note |
| that the housing market continues to provide |
| a strong foundation to the economy even as |
| the market adjusts, while slower appreciation |
| assists in preserving long-term affordability. |
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