Florida Housing Market Shows Broader Signs of Strength

Florida has now recorded 11 consecutive months of year-over-year increases in closed home sales through July 2026, while new pending sales have risen for 12 straight months. Inventory of single-family homes has tightened and is now closer to what economists consider a balanced market. Higher-priced properties are performing especially well: year-to-date sales between $500,000 and $1 million increased 7%, while sales of homes priced at $1 million or more jumped 22.4%. Florida Realtors’ chief economist says this is not another housing boom, but it represents a meaningful recovery after three consecutive years of declining sales. For more information click here.