Florida’s Existing Home Sales Rise in November 2008 by 4 percent
North Miami Beach, Fla., Dec. 28, 2008 – For the third month in a row, Florida’s existing home sales rose in November, with Florida Realtors® reporting a 4 percent increase in activity in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR).
A total of 8,571 existing homes sold statewide last month compared to 8,269 homes sold in November 2007, according to FAR. In September and October, Florida Realtors reported higher statewide existing home and existing condo sales compared to the year-ago levels.
Nine of Florida’s metropolitan statistical areas (MSAs) reported increased existing-home sales in November; seven MSAs also showed gains in condo sales, marking the fifth consecutive month that a number of markets have noted higher sales activity.
Brosda & Bentley Realtors
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