Category: Market News

Fla.’s housing market: Median prices rise in Feb.

florida realtors

ORLANDO, Fla. – March 21, 2016 – Florida’s housing market reported increased new listings, rising median prices and fewer all-cash closed sales in February, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide…

Fla.’s housing market ends 2015 with strong gains

florida realtors

ORLANDO, Fla. – Feb. 10, 2016 – Florida’s housing market wrapped up 2015 with more closed sales, more new listings and higher median prices compared to the year before, according to the latest housing data released by Florida Realtors®. “In…

New-home sales move 4.3% higher in Nov.

florida realtors

WASHINGTON, Jan. 4, 2016 – Sales of newly built, single-family homes rose 4.3 percent to a seasonally adjusted annual rate of 490,000 units in November, according to data released Dec. 23 from the Department of Housing and Urban Development (HUD)…

Forecast: Fla. home sales to rise 8-10% in 2016

real-estate-positive-forecast

ORLANDO, Fla. – Dec. 14, 2015 – “For most of 2015, the Florida real estate market has outperformed the nation as a whole,” says Florida Realtors Chief Economist Dr. John Tuccillo. In recent months, however, the Florida market rise has…

Study: Buying beats renting in most Fla. metros

buy vs. rent

BOCA RATON, Fla. – Dec. 11, 2015 – The latest national housing market index produced by Florida Atlantic University (FAU) and Florida International University (FIU) faculty indicates the housing market in several cities – including Dallas, Denver and Houston –…

A Capitol Hill win for homeownership

capitol-hill

WASHINGTON – Dec. 8, 2015 – In a win for real estate, Congress last week approved a $305 billion transportation bill that includes no funding from an extension of mortgage guarantee fees as some lawmakers had proposed. The bill provides…

NAR: Pending home sales nudge forward in Oct.

florida realtors

WASHINGTON – Nov. 30, 2015 – Pending home sales were mostly unchanged in October, but they shifted marginally higher after two straight months of declines, according to the National Association of Realtors® (NAR). Gains in the Northeast and West were…

Consumer confidence retreats again in Nov.

florida realtors

NEW YORK – Nov. 24, 2015 – The Conference Board Consumer Confidence Index declined again in November following a dip in October. The Index now stands at 90.4, down from 99.1 the month before. The Present Situation Index decreased from…