Pending sales offer early look at summer market

by marlam

New pending sales rose year over year in May, according to Florida Realtors data. Single-family pending sales increased 4.8%, while condo-townhouse pending sales rose 9%, offering an early signal of summer buyer activity as mortgage rates continue to shape the market outlook.

Categories

Recent Posts

Federal Reserve hikes key rate for 1st time in 3 years
Federal Reserve hikes key rate for 1st time in 3 years
Speed alone doesn’t convert real estate leads
Speed alone doesn’t convert real estate leads
Florida housing market levels off in August
Florida housing market levels off in August
New Florida Realtors program celebrates Realtors who give back
New Florida Realtors program celebrates Realtors who give back
Agents remain responsible for AI-generated work
Agents remain responsible for AI-generated work
Early preparation urged for UAD 3.6 transition
Early preparation urged for UAD 3.6 transition
Calm preparation can preserve a home deal
Calm preparation can preserve a home deal
How to help military buyers from afar
How to help military buyers from afar
Real estate mentoring builds agent leadership
Real estate mentoring builds agent leadership
Inflation rises ahead of Fed rate decision
Inflation rises ahead of Fed rate decision

Share on Social Media

LEAVE A REPLY

Message

Message

Name

Name

Phone*

Phone

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Powerhouse Collab, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.