New Contracts & Listings Up, But Closed Sales Down
Closed sales of existing homes were down in Florida on a year-over-year basis in October, but new contracts and new listings were up. What does it all mean?
March closed sales of single-family homes slipped just 1.3% year-over-year, while pending contracts actually rose by over 0.5% amid 30-year mortgage rates averaging about 6.75%. NEXT REPORT: May 22