The increase was driven by a 21.6% month-over-month spike in the rate of new multifamily construction. Single-family housing starts, meanwhile, slid 2.8%.

September’s reading of 76 was up one point from August, despite lingering challenges with labor and the building-material supply chain, the National Association of Home Builders reported, citing the latest NAHB/Wells Fargo Housing Market Index.

Month over month, home sales were down 3.5%, and the median sale price declined 1.2% to $335,000.

For the first time, iBuyers, also known as instant buyers, clinched 1% of the overall market share of homes purchased nationwide.

Florida had the third-most foreclosure starts in the nation during August 2021, according to new data from ATTOM’s U.S. Foreclosure Market Report.

Pending home sales in August rose just 9%, the slowest growth since June 2020, according to a new Redfin report.

A decline in new home listings has had little impact on the market as far as demand is concerned, according to a recent Redfin report.

Income levels and mortgage rates gave homebuyers in June 129% more house-buying power than they had in 2006, according to First American Financial Corp.’s June Real House Price Index.

Housing inventory was down across South Florida counties during August. Existing-home sales were up in Broward and Palm Beach.

Even as the real estate market is showing signs of cooling and more sellers are dropping asking prices, median home prices increased by double digits from last year.

FAU economist: When prices stagnate or drop, recent buyers will be stuck. Tampa highest in overpriced Florida.

Using specified criteria, the personal finance site WalletHub ranked the real estate markets of 300 cities across the nation. Find out where Miami ranks.

Also during the month, the median sales price rose to $390,500 from $370,200 in June, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

In what’s been a historic, frantic market, homes selling for large sums over list prices have risen sharply since January.

In July, Florida’s housing market reported higher median prices, more new listings and a rise in all-cash sales compared to a year ago.

You might be surprised by the results of this survey.