Sales Up in the Florida Housing Market

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July Housing Market Update. According to NAR, home sales rose 9% nationwide, while days on market (-8%)and listings dropped (.4%) in July. July is usually not a big month for real estate sales so an 8% price may predict even higher price rise rates in the fall. NAR believes home prices will rise 9% YoY.

The housing market is about to shift in a bad way for buyers. bidding wars became less frequent and spring sales perked up a bit. Well, forget.

Learn what drives real estate market conditions. See absorption. Strong sales kept inventory at low levels, accelerating the price rise that started April 2010.

Kiplinger's latest forecast on housing starts and home sales. last started to increase consistently as more folks list their homes on the market.

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April 22, 2019 /PRNewswire/ — Florida’s housing market reported more pending sales. Of course, not all homes that go under contract end up as closed sales, but this is a pretty good sign for the.

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ORLANDO, Fla – Florida’s housing market reported increased sales, higher median prices, more pending sales and gains in inventory (active listings) in May compared to a year ago, according to the latest housing data released by Florida Realtors. Sales of single-family homes statewide totaled 30,742 last month, up 9.6% over May 2018.

Florida’s housing market is so strong largely because of a favorable unemployment rate in the state. The unemployment rate in Florida was at 3.9 percent in January, meaning that more people are employed in Florida than the average nationwide which is 4.2 percent.

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.

The average rent for apartments in the Naples housing market is 1500 a month. The median rent for upscale properties in the Naples housing market is 3700 dollars a month. This rental rate is skewed upward by the premiums you can charge for oceanfront properties.