Tag: barry grooms
Single-family existing home sales rose 22.9 percent compared to a year ago.
In September, Florida’s housing market reported more closed sales, more new pending sales, rising median prices and more new listings compared to a year ago despite the ongoing pandemic, according to the latest housing data from Florida Realtors.
Florida’s housing market reported more closed sales, more new pending sales, higher median prices and more new listings in August compared to a year ago despite the ongoing pandemic, according to Florida Realtors’ latest housing data.
Single-family existing homes sales rose 11.7 percent compared to July 2019, “the best monthly performance for this property type since January’s nearly 18 percent increase,” according to Florida Realtors Chief Economist Dr. Brad O’Connor.
Florida Realtors’ membership in the Confederación Inmobiliaria Latino Americana means it is the first state realtors association in the U.S. to join the group as a benefactor member. CILA is made up of 19 Latin American countries' real estate associations, with Brazil and Mexico being the largest.
The Florida Realtors released a report on Monday showing that the coronavirus pandemic impacted the housing market across the Sunshine State last month.
Closed sales of single-family homes across the state in April dropped 20.7 percent compared to April 2019 while condo-townhouse sales fell 36.5 percent over that period. Still, there was a quantum of good news.
According to numbers released by the Florida Realtors on Tuesday, closed sales of single-family homes statewide totaled 65,602 in the first quarter of 2020, up 10.2 percent from the first quarter of 2019.
This week, the Florida Realtors released a report looking at real estate across the state last month.
Florida Realtors Chief Economist Dr. Brad O’Connor and Dr. Sean Snaith, the director of the University of Central Florida’s (UCF) Institute for Economic Competitiveness, will share their insights as part of the Florida Realtors’ annual Mid-Winter Business Meetings at the Renaissance Orlando at SeaWorld from Jan. 22 through Jan. 26.