Articles Tagged with ''Real estate pricing''

Florida's Housing Market Off 30 Percent from Last Year; Realtors Remain Optimistic

As the housing slowdown continues, Florida's resale market continues to be hit hard, according to statistics released today by the Florida Association of Realtors. A total of 11,912 existing single-family homes sold statewide last month, a decrease of 30 percent from the 17,088 homes sold during the previous November. The statewide existing-home median price was $242,500 last month, a 3 percent drop from one year ago, when the median price stood at $250,400.
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Existing Home Sales Post Second Straight Monthly Gain; Prices Drop 3.1 Percent

Existing-home sales continued to recover last month following a rise in October, while the median price of existing homes sold headed downward, according to a widely anticipated report released today by the National Association of Realtors. The increase in existing home sales comes after the Commerce Department reported yesterday that new home sales also rose during November. Total existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 0.6 percent to a seasonally adjusted annual rate of 6.28 million units in November from a level of 6.24 million in October, but were 10.7 percent below the 7.03 million-unit pace in November 2005.
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