Existing home sales in Fla. jump 36 percentThe Associated Press
Posted: 12:20 p.m. Thursday, April 21, 2011
Existing home sales continue to rise in Florida.
Figures from the Florida Realtors and the National Association of Realtors show that sales of homes and condos increased 36 percent from February to March. The national rise was 3.7 percent.
Compared to March 2010, sales in Florida were up 15.8 percent. Median home sales are still lower than they were a year before, though the prices were higher than in February.
Overall, 17 regions in Florida saw an increase in sales. It was also the fourth consecutive month that existing home sales have been higher than they were a year before.
University of Central Florida economist Sean Snaith said the sales jump is an indicator of a stronger economy.
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Information from: St. Petersburg Times, http://tampabay.com
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April 21, 2011 12:20 PM EDT
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