U.S. Pending Home Sales Rose 6.1% in March

Pending home sales jumped 9.8% in the South (including Florida) in March - leading all regions - as lower mortgage rates fueled strong spring homebuying activity.

U.S. Consumer Confidence Down

America’s confidence in the economy dropped to its lowest level since May 2020, impacted by concerns over tariffs and a possible slowdown in economic growth.

Home Prices Up in February

The U.S. Federal Housing Finance Agency’s House Price Index found home prices rose 0.1% in February nationwide and 3.9% from 2024.

Florida Consumer Sentiment Outpaces Nation

Florida’s consumer sentiment dropped slightly in April, with a smaller decline compared to earlier months and less than the national decline.