Nothing New For Existing Home Sales

Existing-home sales held roughly steady in August after tepid uptick in July. That NAR reported a seasonally adjusted annual rate of 4.0 million , down 0.2% from July but 1.8% higher than a year ago. Sales have now hovered near 75% of pre-pandemic norms for three years, reflecting the same constrain

U.S. Real Estate Seen as Strong at Miami Forum

The Miami Real Estate Forum 2025 highlighted Florida as a premier U.S. property market, with experts naming South Florida among the nation’s strongest.

U.S. Existing-Home Sales Down Slightly in August

Existing-home sales slipped 0.2% in August from July, as prices rose 2% to a median sales price of $422,600. The median time on the market was 31 days nationwide.

Mortgage Rates Rise After Four-Week Decline

Rates on 30-year mortgages rose to 6.3% from 6.26% last week, while borrowing costs on 15-year mortgages increased to 5.49% from 5.41%.