The median price of a single-family home sold in the county rose for the 150th month in a row, a new record. 

The record-breaking sales price comes as the pace of transactions slid from April, the National Association of REALTORS® said. 

The average 30-year fixed mortgage rate dipped to 6.87%.

With warm weather heating up much of the United States, many homeowners are craving new summer styles for their living spaces.

At the same time, inventory also rose in all three South Florida counties.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

At the same time, the median price of a new home sold in April declined as well. 

At the same time, the median prices for single-family homes and condominiums also gained ground. 

The city saw a 31.2% annual jump in new listings in April and a 54% surge in months’ supply, according to the latest RE/MAX National Housing Report. 

Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a Redfin report. 

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.

Home sales in Miami-Dade, Broward and Palm Beach counties declined as inventory increased.

Online English-learning platform Preply analyzed the 75 largest U.S. cities based on a variety of factors, and Miami took the top spot. 

Architecture Lab ranked every U.S. state based on the difference between average home values in 2013 and 2023; Florida ranked No. 2.

Monthly home payments hit new records last month reaching an all-time high of $2,747, an 11% increase from last year.