Florida home sales fall nearly 25% in October, nearly 30% nationally

National and state data released Friday shows that rising interest rates are wreaking havoc on home sales.

  • By Louis Llovio
  • | 7:30 a.m. November 20, 2022
  • | 0 Free Articles Remaining!
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After almost two years of unbridled enthusiasm, home sales continued to fall sharply in Florida with the sale of single-family homes in October dropping 24.6% when compared to last year. Condominium and town house sales fell 26.9%.

The data was released by Florida Realtors on Nov. 18.

 

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