The years-long fall-off in condo sales may be coming to an end as demand for homes remains robust.
Lower prices and mortgage rates helped bring buyers into South Florida’s condo market to end the year last year. The pace of condominium sales grew in December in all three counties, including a 31% jump in Palm Beach County. The increases are compared to a year earlier.
Still, 2025 marked the fourth straight year of falling condo sales across the region as the market digests the pandemic-era buying spree, higher borrowing costs and the impact of condominium reforms after the Champlain Towers South collapse in Surfside…