Florida Home Sales Drop in December

Florida Home Sales Drop Slightly In Q1 Median price, however, was up 9.7%. The Florida Realtors reported Monday that Florida’s housing market showed slightly more new listings and higher median.

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South Florida had the third-biggest drop in sales, after the Villages and Cape Coral. For condos and townhouses in South Florida, there were 2,611 sales, a 13.6 percent decline.

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Florida Realtors closely monitors market trends, news and forecasts that impact the state’s real estate industry and Florida’s economy. Real property – building it, buying it, leasing it, selling it – generates revenue, creates jobs and contributes billions to the state’s economy.

Existing home sales fall by an average of 16% from August, and then fall by another 10% in November.. President Donald Trump appointed Calabria to take the helm of the FHFA on December 12, 2018.

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Florida’s home sales ended December on a down note, according to new data from Florida Realtors. Last month, the Sunshine State was 20,633 single-family home sales, 9.9 percent less than one year earlier.

The National Association of Realtors pending home sales index, which tracks contract signings for purchases of previously owned homes, dropped 3.7% in December from the prior month, its largest.

July’s housing market report paints a rosier picture of home prices for sellers. Home Prices rose while supply is heading downward. That could predict higher home prices. Builders sentiment is improving which could add new home supply for 2020. See the stats, charts and expert opinions about the US housing market.

If you read our article on a consistent basis you’ve been hearing about a decrease in pending sales and a potential shift in the SW Florida real estate market. Official numbers confirm a February real estate sales drop in SW florida. nationally existing home sales fell 7.1% in February.

December was a good month for condo sales in South Florida, but not so much for single-family home sales, according to the latest report from Florida Realtors. Sales of single-family homes declined.

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According to a Consumer Reports survey of more than 1,000 adult Americans in December, 27% of respondents said there. But.