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Florida Home Sales Drop in December

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U.S. sales of distressed homes totaled 10.3% of all homes sold in December of 2015, according to data posted Wednesday by CoreLogic. The total represents a 2.8 percentage point drop, compared. by.

While mortgage rates did drop in December, the expectation is that they will move higher this year, and that will hurt affordability further. “Looking ahead to 2019, expect weaker existing-homes sales.

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Higher median prices and fewer all-cash sales marked Florida’s housing market in December, according to data released by Florida Realtors Tuesday. Sales of single-family homes statewide totaled.

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 · And a previously reported increase in sales in December was wiped out. Economists polled by MarketWatch had forecast a 0.2% increase in.

Home sales drop, prices rise in South Florida prior to Hurricane Irma’s landfall. Total resi sales fell in all three counties last month, with some showing double-digit declines in condo sales. September 20, 2017 06:00PM. Hurricane Irma over South Florida (Credit: NASA)

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Latest News. Existing-home sales decreased for the third straight month in June, with declines in the South and West, and gains in the Northeast and Midwest. Read the full news release. Existing-Home Sales data release for July 2018 is scheduled for Wednesday, August 22, 2018.

Florida Existing Home Sales Down 9.9% in December. Inventory continues to rise as the median price climbs 4.2%. Sales of single-family homes in Florida.

Sales of single family homes jumped 2.6 percent to 4.75 million, rebounding from a 0.9 percent decline in April; while sales of condos increased 1.7 percent to 0.59 million, after a 7.4 percent surge in the prior month.

New single-family home sales fell in December, posting an annual rate of 536,000, 10.4 percent below the prior month’s figure, according to the U.S. Census Bureau and the Department of Housing.

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Other figures released today by Florida Realtors: Hillsborough: Sales down 12.8 percent, prices up 5.8 percent to $249,900. Pinellas: Sales.

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