Latest real estate news and analysis tagged with home sales on realestatenews.news.
Mortgage rates have softened ahead of key economic events, including the Federal Reserve's meeting and Q3 GDP release.
Despite rising mortgage rates, Florida's single-family homes sold faster and for closer to asking price in Q3.
Despite a decline in home sales, stable prices and strong luxury segment performance indicate a steady Florida housing market.
The agency now expects mortgage rates to average 7.5% next year, with lower home sales projections.
Despite slight declines in sales, tightening inventory and rising prices suggest a leveling market in Florida.
Florida has logged 11 consecutive months of year-over-year sales gains, with luxury sales and condo activity leading notable trends, according to Florida Realtors Chief Economist Dr. Brad O'Connor.
Florida home sales posted an 11th consecutive year-over-year gain in July, and pending sales rose for a 12th straight month—even as the mortgage-rate tailwind that powered earlier demand continues to weaken.
Florida's housing market extended its streak of year-over-year sales gains to 11 consecutive months in July 2026, with single-family and condo sales both climbing even as mortgage rates remained elevated.
July home sales fell 4.1% month-over-month to their lowest seasonally adjusted level in nearly two years, with mortgage rates at a one-year high and record home prices squeezing buyers across the country.
Closed sales, pending sales, and median prices climbed across both single-family and condo-townhouse segments in June, pushing Florida's year-over-year growth run to 10 straight months.
