Florida’s existing home sales continue upwards in 2nd quarter 2011
Florida’s existing home and condo sales have experienced an
upswing in the second quarter of 2011.
Statewide sales of existing homes rose 17.7% over the previous quarter’s
activity, while existing condo sales increased 8.1% over the first
quarter of 2011.
Compared to the year-ago sales figure, existing home sales also rose in
the second quarter, with existing house sales up 1% and sales of
existing condos up 14%.
Dr Sean Snaith, director of the University of Central Florida’s
Institute for Economic Competitiveness, noted positive signs for a
strengthening recovery.
“Florida Realtors second quarter housing data shows that momentum in
sales of both single family homes and condominiums continues to build,”
Snaith said.
Posted: 10 August 2011
Source: Florida Realtors
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