The latest monthly report from Florida Realtors begins with a trifecta of growth figures for May 2018: Home sales and median prices each rose during the month, along with the number of listings available. That means a little good news for homebuyers, sellers and owners alike.

Overall, May home sales across the state reached 28,071, notching a slight year-over-year increase of 0.8 percent. Home prices, on the other hand, were up 6.7 percent over May 2017, in line with rapid appreciation seen nationwide. According to analysis from Florida Realtors President Christine Hansen, persistently low housing inventory hasn’t been discouraging purchase activity.

“Strong demand from buyers, coupled with a lack of for-sale inventory, continues to have an impact on rising median prices in many local housing markets,” Hansen said in a news release.

Median prices increased both for single-family homes and townhouse-condo properties in May, the 77th consecutive month in which the Florida market has earned that distinction.

High demand and low supply continue to characterize the state’s housing situation as in much of the United States, although some expect pressure to start easing: Florida Realtors reported that the number of new single-family listings grew by 4.8 percent annually, and new townhouse-condo listings grew by 6 percent.

“If the trend continues, that could mean good news for buyers who have been waiting on the sidelines,” Hansen said.