Following four consecutive quarters of growth, District home sales softened during the first quarter of 2010, dropping 15.2 percent from the previous quarter.
In April existing single-family home sales in the South Census region continued to improve on a year-over-year basis while the median home price remained slightly positive.
Florida's existing single-family home sales growth strengthened again in April, rising 26.7 percent compared with a year earlier following 24.5 percent increase in March.
District single-family permits (non–seasonally adjusted) strengthened in March, increasing 34.7 percent on a year-over-year basis following a 28.1 percent increase in February.
Florida condominium sales growth softened again in April, increasing 55.0 percent year-over-year from a 62.9 percent increase in March.
District multifamily permits (non–seasonally adjusted) remained down in March on a year-over-year basis, falling 18.5 percent.