Florida Home Prices, Sales Continue to Rise in April

Throughout Florida, year-over-year sales of single family homes dipped by 0.6 percent while median prices rose 9.2 percent to $213,000, the 53rd month in a row of gains.

Housing Sales slumped 8.5% from one year ago, the lowest sales since 2015. Prices still rose another 2.8% to a median of $247,500 nationwide. The real story was the drop in lower priced homes as depicted in this graphic from NAR. With low mortgage rates, it’s believed sales will once again grow. 60,000 more homes were on the market.

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Home sale prices in May rose to new post-recession highs in both Flagler and Volusia counties as newcomers continue to flock to the area. "We’re still relatively affordable compared to South.

If you’re looking to buy a new construction home, then you’re in luck. According to new data, prices are down on new homes,

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The increase in home sales is one of several trends in the housing market that are. The number of U.S. homes sold in June rose steadily as more and more buyers. across all major regions, and this widespread trend seems likely to continue.. The average sale price for a home in Florida rose to $171,968 this past year,

READ MORE: Metro Vancouver’s June home sales lowest since Y2K, benchmark price. increase in sales in July compared to the less active spring we experienced,” REBGV president Ashley Smith said in a.

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 numbers: Home price inflation slowed further in May as the S&P CoreLogic Case-Shiller 20-city index rose 0.1% in May compared with April. rise in home prices has slowed and is the slowest.

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