Fla.’s Housing Market: Median Prices, Cash Sales Up in 3QFlorida Realtors’ data: Higher median prices – up 18.4% for single-family homes to $355,000; up 18.6% to $254,900 for condos – than 3Q 2020. Condo-townhouse sales up 13%, though single-family home sales were down slightly (-1.1%), at least in part due to tight inventory. …continue
Fla. Builders Investing Heavily in New Single-Family ConstructionHow many new homes are being built? A study looked at building permits and year-to-year increases as of June. Out of all U.S. cities, 10 Fla. metros are in the top 20. …continue
Sept. Single-Family Starts Flat – but Up So Far This YearStarts dropped 1.6% overall, but single-family changed little with multifamily down 5%. Year-to-date, however, single-family starts are up 20.5% compared to last year. …continue
NAR August Pending Home Sales Bounce Back by 8.1%WASHINGTON – Pending home sales rebounded in August, recording significant gains after two prior months of declines, according to the National Association of Realtors® (NAR). …continue
Realtor.com: National Rent Growth Hits Double-Digits in Aug.Aug. report: Rental prices hit double-digit growth for the first time in two years and grew three times faster than in March 2020, prior to the pandemic. Over half of the 50 largest metros reported rents with double-digit gains over last year, including Tampa, Miami and Orlando. …continue
