Housing Score Card
Housing inventory in Miami-Dade, Broward and Palm Beach Counties was down significantly in November compared to last year.
Housing inventory remained down across counties during October, but housing starts were up. Existing-home sales also rose in Miami-Dade and Broward Counties.
Compared to last year, housing inventory is down across South Florida counties. The number of days on the markets has also shrunk.
Housing inventory was down across South Florida counties during August. Existing-home sales were up in Broward and Palm Beach.
National interest rates are down and so is unemployment. Builder confidence is up. See local stats.
Unemployment is down locally. Housing starts are up but inventory is still down.
Although housing inventory is down, existing home sales are up locally.
While unemployment is high in the Miami-metro area, existing home sales are up since last March 2020. Homes are also on the market less days than a year ago.