Florida’s existing home and existing condo sales continued its positive upswing in November, according to the latest housing data released by Florida Realtors®. Existing home sales increased 11 percent last month with a total of 12,993 homes sold statewide compared to 11,664 homes sold in November 2010, according to Florida Realtors.
According to Florida Realtors Chief Economist Dr. John Tuccillo, home prices are stabilizing. Prices have not turned around but they are stabilizing, which is vital for the market to gain equilibrium.
© 2011 Florida Realtors®
