Florida Housing Market Increasingly 'Causing Concern' Among Homebuilders

A slowdown of the Florida housing market in June is causing concern among a majority of homebuilders in the Sunshine State, according to a recent survey.Asked about the state of their local new construction market, 31 percent of Florida homebuilders told housing market research website Zonda that June had been 'slower than expected but not worrisome,' as reported by journalist Lance Lamberts.

1 percent year-over-year in May, the latest data available on Redfin, with the median sale price of a home at $420,100, homebuying demand has cooled down as supply has grown.According to Redfin, the number of homes sold in May fell 2.5 percent year over year, while the number of homes for sale rose 40.4 percent. In the same month, the number of homes selling above list price dropped 4 percentage points year over year.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Florida Housing Market Warning Issued by One of America's Biggest BanksRaymond James downgraded builder Lennar, citing its outsized overexposure in Florida, where the housing market shows signs of softening.
Fuente: Newsweek - 🏆 468. / 52 Leer más »

Florida Housing Market 'at Risk' in 13 Different CitiesThe Sunshine State is 'the epicenter' of a mismatch between supply and demand, according to a recent study.
Fuente: Newsweek - 🏆 468. / 52 Leer más »

Chart analysts say 'something is not right' with stock market, grow increasingly worriedRisk-on assets are struggling even as the stock market remains near record highs, which could signal a looming pullback.
Fuente: CNBC - 🏆 12. / 72 Leer más »