Back to today’s briefing

Story perspectives

Florida Housing Market Plummets: Sales Down 10% Amid High Rates

7/29/2025

50 4

Summary

Story summary

D.R. Horton notes a 10% decline in net sales in Florida's housing market.
Florida experiences a 2.2% decrease in home prices year-over-year, contrasting with a 1% national increase.
The U.S. housing market faces its slowest spring in over ten years due to buyer uncertainty.
High mortgage rates and economic concerns limit affordability, especially in Florida and Texas, while prices rise in the Northeast.

1 of 1

Story summary

D.R. Horton notes a 10% decline in net sales in Florida's housing market.
Florida experiences a 2.2% decrease in home prices year-over-year, contrasting with a 1% national increase.
The U.S. housing market faces its slowest spring in over ten years due to buyer uncertainty.
High mortgage rates and economic concerns limit affordability, especially in Florida and Texas, while prices rise in the Northeast.