Redfin recently published its home home national home sales data for late March and early April. Among the primary metrics are metros with biggest year-over-year decreases in pending sales. Three of the five with the poorest numbers in the country were Miami, Ft. Lauderdale, and West Palm Beach.
The analysts wrote, “Pending home sales posted their smallest decline since the start of 2025, falling just 1.1% year over year (that’s partly due to a holiday effect, with Easter falling into the comparable period in 2024).”
The Miami drop was 17.4%. In Ft. Lauderdale, it was 16%, and in Palm Beach, it was 8.7%. The real estate market in Florida should be slowing now as people move north for summer and spring…