Existing-Home Sales Edged Lower by 0.7% in May

The median existing-home sales price jumped 5.8% from May 2023 to $419,300 – the highest price ever recorded and the 11th consecutive month of YoY price gains.

Florida’s May Home Median Prices, New Listings Up

New listings, median sales prices rose YoY for existing single-family homes, up 15.2% and 1.6% ($426.5K), and for condo-townhouse units, up13.8% and 1.5% ($330K).

Possible TikTok Ban Looms Large for Users

Real estate pros use TikTok because it hits every age demographic, among other reasons. TikTok has until Jan. 19 to sell to American interests or be banned.

More Work Remains for ‘3by30’ Housing Goal

The housing initiative celebrates its third anniversary and recommits to raising Black homeownership levels to rates never seen before — all by 2030.