The Real Deal New York

Housing rally stalls in Palm Beach County

Falling demand from investors has contributed to a three-month decline in median prices

May 10, 2015 01:00PM
By Dan Weil

Palm Beach

Palm Beach

From the South Florida website: Home prices are coming down to earth in Palm Beach County, after soaring by double-digits from 2011 to 2014. And experts anticipate only moderate price appreciation over the next couple of years.

“Things are definitely flattening out,” David Cobb, South Florida regional director for research firm Metrostudy, told The Real Deal. [more]