Fla.'S Existing Home and Condo Sales Up in October 2011

Summary


ORLANDO, Fla., Nov. 21, 2011 /PRNewswire/ -- Florida's existing home and existing condo sales continued to show gains in October, according to the latest housing data released by Florida Realtors(R). Existing home sales increased 13 percent last month with a total of 13,755 homes sold statewide compared to 12,145 homes sold in October 2010, according to Florida Realtors.

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Fla.'S Existing Home and Condo Sales Up in October 2011

"Statewide, both sales and prices are above where they were this time last year," noted Florida Realtors Chief Economist Dr. John Tuccillo. "The monthly median prices have ticked down slightly for the past few months, but the overall trend continues to show gains year-over-year.

"These numbers, combined with reports from Realtors throughout the state, indicate that we're seeing strong interest in purchasing Flo...

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