When looking at trends in Real Estate numbers you have to narrow down. It is just interesting to look at the national, state and local informationl In the end you will need to go further down. It you are selling a home, nothing matters but what is happening in your neighborhood, in your Condo Development. Real estate after is "Local".
Real Estate National Trends:
Housing recovery back on track -A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday the U.S. housing market is rebounding from a weak start to the year. Sales of existing homes rose 2.4 percent in July to a seasonally adjusted annual rate of 5.15 million, the National Association of Realtors said Thursday. That was the highest annual rate since September of last year. The pace of home construction starts surged 15.7 percent in July, the government said this week.
Florida Realtors July housing market data revealed an increase in both home listings and median home prices from last year, but the numbers remain relatively unchanged from last month, indicating that the housing market is beginning to settle after the disruptions of the Great Recession.(Note: Inventory has been our weak point, this is GREAT News.)