Despite pandemic, Florida’s housing market did well in July

Florida’s housing market continued its positive momentum in July despite the coronavirus pandemic, with more closed sales, more new pending sales, higher median prices and more new listings compared to a year ago, according to Florida Realtors latest housing data. Single-family existing homes sales rose 11.7 percent compared to July 2019, “the best monthly performance for this property type since January’s nearly 18 percent increase,” according to Florida Realtors Chief Economist Dr. Brad O’Connor. [Source: Florida Daily]