Florida’s housing market continues to climb
Florida’s housing market continued to climb in August as sales and prices both increased. The latest figures from Florida Realtors shows that the median sales prices of single-family homes rose for the 20th month in a row, while close sales increased 12.5 per cent year-on-year.
“Both sales and prices demonstrate that Florida’s housing market is growing and continuing to gain strength,” commented 2013 Florida Realtors President Dean Asher. “The growth in jobs and other positive signs are putting buyers at ease with how the economy is progressing. At the same time, prices are encouraging sellers to get off the fence and helping to ease inventory pressures.”