Palm Beach

Palm Beach County Home Sales Down 40 Percent Annually in December

According to the Miami Association of Realtors, Palm Beach County sold 28,838 total homes (or 79 transactions per day) in 2022.

Palm Beach Area Home Sales Down 39 Percent Annually in November

In comparison to November 2021, Palm Beach County November 2022 residential sales decreased 41.1% year-over-year, from 2,793 to 1,646, because of high mortgage rates and low inventory, says the Miami Association of Realtors.

Greater Palm Beach Area Home Sales Continue to Slide in October

According to the Miami Association of Realtors, total residential sales compared to October 2021, Palm Beach County area October 2022 transactions decreased 31.4% year-over-year, from 2,809 to 1,927, because of rising mortgage rates and low inventory.

Miami Leads the Nation for Fastest Rising Home Rental Prices

Based on CoreLogic's latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas, consistent evidence of a single-family rental market cooldown follows nearly two years of above-trend rental price hikes.

Palm Beach Property News

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