FLORIDA HOME SALES PREDICTED TO RISE 8-10% IN 2016

“For most of 2015, the Florida real estate market has outperformed the nation as a whole,” says Florida Realtors Chief Economist, Dr. John Tuccillo. In recent months, however, the Florida market rise has eased off a bit- “catching its breath after a very hectic late summer and early Fall, he said. “For 2016, we expect this settling to continue.” he continued. “Against the backdrop of an expanding state economy with growing employment, home sales should increase by 8-10 percent over 2015 and home prices should rise by about 5%,” Tuccillo concluded.

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