Florida’s existing property sales rise, recovery becoming stronger
Latest housing statistics from Florida Realtors shows Florida’s house
and condo resales rose in the first quarter of 2011 compared with last
year, with house sales up 13 % and condo sales up 29%.
Median sales prices were down 6% on a year ago.
Recovery Gaining Strength
Dr. Sean Snaith, director of the University of Central Florida’s
Institute for Economic Competitiveness, says that the recovery in
Florida’s housing market is gaining strength. “[This] first quarter
report shows sales picking up significant momentum” he says.
Posted: 10 May 2011
Source: Florida Realtors
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