ORLANDO, Fla., Aug. 24, 2016 – Florida’s housing market reported rising median prices and fewer all-cash closed sales in July, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 24,083 last month, down 8 percent from July 2015, reflecting the state’s current shortfall in inventory. Read More »
What’s happening in Florida’s housing market? Real estate is a vital part of the economy in the Sunshine State, and Florida Realtors® serves as the voice for real estate in Florida. In this Market Minute, Florida Realtors® Chief Economist Dr. Brad O’Connor keeps you up-to-date on the state’s latest housing statistics and provides insight into what the numbers really mean.