Wednesday, March 01, 2006

Orlando Home Sales Still Strong

U.S. homes sales have dipped 2.8 while Florida statewide have dipped 19%. Despite residential sales decline statewide, Orlando homes sales is up 6.2% compared to January 2005. The median price of Orlando home was also up 25.4% compared to January 2005. Analyst say sales slowdown is due higher interest rates causing less demand. Courtesy of Orlando Sentinel 3/1/06.