Florida Home Prices, Sales Continue to Rise in April
Florida Realtors | May 22, 2019
According to Florida Realtors, Florida's housing market reported more sales, higher median prices and increased inventory (active listings) in April 2019 compared to a year ago. Sales of single-family homes statewide totaled 26,992 last month, up 6.2% over April 2018. "Still-low mortgage interest rates and a strong jobs outlook are positive trends for Florida's housing market," said 2019 Florida Realtors President Eric Sain. "Another strong sign: New pending sales for existing single-family homes in April rose 4.4% year-over-year, while pending sales for existing condo-townhouse properties remained at about the same level (-0.8%) as April 2018."