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Healthy Signs for Florida’s Real Estate Market

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WASHINGTON – May 10, 2011 – Florida’s population growth during the past decade was the 3rd greatest of any state. The 2000-2010 period was the fourth consecutive decade to see the Florida population grow by more than 2.8 million residents. According to the 2010 Census, Florida’s population was 18,801,310 on April 1, 2010, an increase of 2,818,486 since April 1, 2000, or 17.6 percent.

Florida’s existing home and existing condo sales rose in first quarter 2011 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. Existing home sales increased 13 percent in the 1st quarter of 2011 with a total of 44,531 homes sold statewide; during the same period the year before, a total of 39,406 homes changed hands according to Florida Realtors. Statewide sales of existing condos in the first quarter rose 29 percent compared to the year-ago sales figure.

All these statistics are healthy signs for Florida’s real estate market.

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