Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Existing-home sales in Florida fell 29 percent in June from the year-ago level, as overall home-price growth slowed to a more normal level, according to an industry report released today. A total of 18,089 existing single-family homes sold statewide last month, down from 25,552 homes sold during the previous June, the Florida Association of Realtors reported. Statewide, the existing-home median price rose 3 percent to $257,800 last month, up from $249,800 a year ago. The median is a typical market price where half the homes sold for more and half sold for less. Sales of existing condos decreased by 35 percent in June, with a total of 5,241 condos sold statewide, down from 8,109 in June 2005, according to FAR. The statewide median sales price for condos slipped last month to $212,500 from ...