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Lance Lambert: Pandemic-era real condo price gains in Florida have largely been erased

Lance Lambert: Pandemic-era real condo price gains in Florida have largely been erased
Florida condo gains from boom lost

Nearly all of the inflation-adjusted condominium home price gains from the Pandemic Housing Boom have been wiped out in Florida. Lance Lambert shared this assessment, pointing to supporting data in a referenced chart.

Lambert has tracked other indicators of housing market stress in recent months. He recently highlighted that U.S. 30-year fixed mortgage rates averaged 7.56 percent, while the 10-year Treasury yield reached 5.28 percent in a previous update. In a subsequent report, he noted mortgage rates held above 7.50 percent for 11 consecutive days, peaking at 7.60 percent as Treasury yields also remained elevated.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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