Report: South Florida Home Prices Rise in May BY PAUL OWERS July 31, 2012 09:30 AM South Florida home prices continue to gain momentum, according to a report released Tuesday. Prices in Palm Beach, Broward and Miami-Dade counties rose 1.4 percent in May from April and 3.4 percent from a year ago, figures from the Standard & Poor’s/Case-Shiller home price…

South Florida’s residential building contracts spike through June South Florida Business Journal by Oscar Pedro Musibay, Reporter Date: Tuesday, July 31, 2012, 3:00pm EDT South Florida generated $423 million in construction contracts in June. Unfortunately, a sharp drop in production in the commercial sector pushed the overall total down 2 percent from a year ago. But when the entire year…