Florida home sales improve in April

Florida home sales improve in April by Andrew Morrell May 21, 2019 Home sales in the Miami area and throughout Florida rebounded decisively in April after a sluggish start to the year, based on new data released by the Florida Realtors association May 21.

 · Sales of new single-family houses in the united states jumped 6.7 percent from the previous month to a seasonally adjusted annual rate of 689 thousand in May of 2018, following an upwardly revised 3.7 percent fall in April. It is the highest rate since November, beating market expectations of a 0.7 percent increase.

South Florida home sales rose in the second quarter as prices continued to fall compared to the same year-ago period, according to a report released Wednesday by the Florida Association of Realtors..

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Home prices increased nationally by 6.9 percent year over year from April 2017 to April 2018. On a month-over-month basis, prices increased by 1.2 percent in April 2018 – compared with March 2018 – according to the CoreLogic HPI. (March 2018 data was revised.

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April Brings 8% Increase in Home Sales May 13, 2019. Houston single-family home sales in April closed 8% ahead of 2018. And even better news – contracts written but not closed went up 18%. This indicates that sales will continue to grow at least through May.

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A total of 11,200 existing single-family homes changed hands in April, a 20 percent increase over the previous month when 9,330 homes sold. Existing condo sales statewide rose 21.6 percent, with 3,900 units sold in April compared with 3,207 condos in March.

This represents the largest quarterly sales increase since. Between April and June, there was an average of 59,343 properties for sale in the real estate brokers’ centris system, down 11.

Home Sales Increase Across the U.S. According to the National Association. Prices have increased year-over-year for the past 87 consecutive months. While inventory rose from April and grew 2.7%.

Existing home sales are forecast to increase 2.5 percent to 5.60 million homes due in-part to inventory increases, compared to 2017’s 0.4 percent increase or 5.47 million homes.

Florida Realtors offers the most comprehensive statistics available on the florida housing market. You’ll find current and historical reports featuring monthly, quarterly and annual data for single family, condo/townhome and manufactured home sales. View these reports either in summary or detailed formats.