Florida Home Sales Drop in December

Florida Home Sales Drop in December

CHICAGO, Jan. 30 (Xinhua) — U.S. pending home sales dropped 2.2 percent in December as the stock market correction hurt consumer confidence, National Association of Realtors (NAR) said on Wednesday.

a 3.6% drop in March, a 2.3% fall in February, an 8.3% decline in January and a 6.6% contraction in December. On a.

The National Association of Realtors pending home sales index, which tracks contract signings for purchases of previously owned homes, dropped 3.7% in December from the prior month, its largest.

"During the first three months of 2018, median sales prices for both existing single-family homes and for condo-townhouse properties rose in Florida, continuing a trend that we’ve been seeing for.

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Florida Home Sales Drop Slightly In Q1 Median price, however, was up 9.7%. The Florida Realtors reported Monday that Florida’s housing market showed slightly more new listings and higher median.

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the highest since December 2017. Key insights: Roughly the entire sales decline came in homes priced below $300,000, suggesting a shortage of affordable properties is hampering buyers and the.

House hunters signed 2.2 percent fewer contracts to buy existing homes in December. It is also the lowest December sales reading since 2013. Some observers expected sales to get a boost in December.

July’s housing market report paints a rosier picture of home prices for sellers. Home Prices rose while supply is heading downward. That could predict higher home prices. Builders sentiment is improving which could add new home supply for 2020. See the stats, charts and expert opinions about the US housing market.

South Florida home sales fell in December to close a disappointing year, especially in the condo market, according to the Florida Realtors. Existing single-family home sales in the tri-county.

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The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.

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