Palm Beach showroom closes … and more

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1. Waterworks showroom in Palm Beach closes [Palm Beach Daily News]
2. Miami-Dade property appraiser’s data “creates a false impression,” community activist says [Miami New Times]
3. High-end homes not recovering in market rebound [WSJ]
4. Declining commercial property values present obstacle to REIT recovery [WSJ]
5. U.S. construction spending increases in June [Bloomberg]
6. Pending home resales in U.S. probably rose in June, economists predict [Bloomberg]
7. Fort Myers high-rise has only one tenant [Yahoo]