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Florida housing inventory near pre-pandemic norms, economist says

Florida's housing inventory levels resemble the balanced conditions from 2014-2020 rather than the oversupply seen during the 2008 foreclosure crisis. Single-family home inventory is just over 7% higher than in April 2019, while condo and townhouse supply is about 16% higher. Homes are staying on the market longer, affecting inventory appearance, but no major price shifts are expected statewide.

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Karen

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