Housing Market Update: Asking Prices Dip Amid Record-Low Demand
Median U.S. home asking price falls for the first time since March as mortgage rates remain high.
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Median U.S. home asking price falls for the first time since March as mortgage rates remain high.
Florida's new-home permitting activity rebounded sharply in August, with Tampa and Southwest Florida leading the growth.
U.S. new listings hit a four-year peak in August, driven by cities like San Jose, Nashville, and Seattle, giving buyers more bargaining power.
Florida's five major metro areas issued 7,477 new residential construction permits in June — a 17% monthly jump — representing nearly $2.68 billion in planned homebuilding activity.
The 21st Century ROAD to Housing Act is now law, bundling nearly 50 housing measures into one of the most significant federal housing packages in a generation — the product of a sustained, bipartisan NAR advocacy campaign.
Affordable listings are growing in Miami, Tampa, Orlando and Jacksonville, though housing deficits remain substantial and uneven across the state's largest markets.
After months of growing buyer leverage, the gap between home sellers and buyers finally began to narrow in April 2026, signaling a potential turning point in the U.S. housing market.
New single-family construction gained momentum in March as limited resale inventory and a slight easing in mortgage rates nudged buyers toward new builds.