Orlando Housing Market Activity: May 2019

Posted by Keene's Pointe Realty on Monday, June 17th, 2019 at 6:03pm.

Orlando's sales head up as summer homebuying season kicks in!

Encouraged by continued low interest rates and a favorable economy that is drawing droves of new residents to Orlando, area homebuyers pushed sales into positive territory for the month of May. Home sales jumped by nearly 11 percent compared to May 2018, which is the first year-over-year increase in 2019.

The improvement can be attributed to factors such as the slower rate of price increases and mortgage rates that are not only holding steady but even dropping a bit.

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