The freeze on Florida home sales is thawing a bit, but home prices are still very much depressed.
Statewide, sales of existing, single-family homes were up 13 percent in the fourth quarter, compared to the same period a year prior, according to the latest statistics from the Florida Association of Realtors.
It marks the second consecutive quarter that the Sunshine State has reported a rise in home sales.
A total of 30,163 existing homes sold statewide in the fourth quarter, up from 26,635 existing homes sold during the same quarter in the previous year.
FAR also reported a 3 percent gain in statewide sales of existing condominiums in the fourth quarter, compared to the same time the previous year.
Foreclosures and a continued glut of homes on the market are keeping home prices down.