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Lance Lambert, industry influencer, reports that Florida's streak of 13 consecutive months with negative year-over-year single-family home prices has concluded. The latest Freddie Mac House Price Index shows a slightly positive change for single-family homes, with condos excluded from this data.
According to Lambert, the index uses repeat-sales methodology to filter out mix-shift noise, offering a clearer picture of price trends for single-family properties in the state.
Earlier this year, Lambert reported that major U.S. housing markets faced a negative demand shock linked to slower migration. Separately, he covered Real Brokerage's planned acquisition of Re/Max in a $880 million deal. These developments provide context for recent shifts in residential real estate trends.