ORLANDO, Fla., May 21, 2020 – In April, economic turmoil caused by the coronavirus pandemic, resulting in business shutdowns and subsequent rising unemployment rates impacted Florida’s housing market. The latest housing data from Florida Realtors® reported lower levels of closed sales, pending sales, new listings, and other metrics compared to a year ago – except for median sale price, which rose compared to April 2019. 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 Update, 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.