Florida Real Estate News: News for real estate professionals

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Mortgage rates, home prices, sales and inventory: the numbers behind the real estate market, in plain language.

Updated October 9, 2026. Charts show roughly the last five years.

Mortgage and interest rates

30-year fixed mortgage rate

7.40% as of Oct 8, 2026
Up 0.12 points from the previous reading; up 1.21 points from a year earlier.
30-year fixed mortgage rate: from 2.87% in Oct 2020 to 7.40% in Oct 2026, low 2.65%, high 7.79%.Oct 2020Oct 2026

The average rate lenders are quoting for a 30-year fixed-rate home loan, from Freddie Mac. Updated weekly.

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DateValue
Oct 8, 20267.40%
Oct 1, 20267.28%
Sep 24, 20267.03%
Sep 17, 20266.95%
Sep 10, 20266.76%
Sep 3, 20266.71%
Aug 27, 20266.66%
Aug 20, 20266.65%
Aug 13, 20266.67%
Aug 6, 20266.69%
Jul 30, 20266.66%
Jul 23, 20266.58%
Source: 30-Year Fixed Rate Mortgage Average in the United States

15-year fixed mortgage rate

6.73% as of Oct 8, 2026
Up 0.13 points from the previous reading; up 1.29 points from a year earlier.
15-year fixed mortgage rate: from 2.37% in Oct 2020 to 6.73% in Oct 2026, low 2.10%, high 7.03%.Oct 2020Oct 2026

The average rate for a 15-year fixed-rate home loan, from Freddie Mac. Updated weekly.

See the numbers
DateValue
Oct 8, 20266.73%
Oct 1, 20266.60%
Sep 24, 20266.42%
Sep 17, 20266.26%
Sep 10, 20266.09%
Sep 3, 20266.04%
Aug 27, 20265.98%
Aug 20, 20265.95%
Aug 13, 20265.96%
Aug 6, 20266.01%
Jul 30, 20266.04%
Jul 23, 20265.96%
Source: 15-Year Fixed Rate Mortgage Average in the United States

Federal funds rate

3.75% as of Sep 1, 2026
Up 0.12 points from the previous reading; down 0.47 points from a year earlier.
Federal funds rate: from 0.09% in Oct 2020 to 3.75% in Sep 2026, low 0.06%, high 5.33%.Oct 2020Sep 2026

The Federal Reserve's benchmark short-term interest rate. It influences borrowing costs across the economy.

See the numbers
DateValue
Sep 1, 20263.75%
Aug 1, 20263.63%
Jul 1, 20263.63%
Jun 1, 20263.63%
May 1, 20263.63%
Apr 1, 20263.64%
Mar 1, 20263.64%
Feb 1, 20263.64%
Jan 1, 20263.64%
Dec 1, 20253.72%
Nov 1, 20253.88%
Oct 1, 20254.09%
Source: Federal Funds Effective Rate

10-year Treasury yield

5.22% as of Oct 8, 2026
Down 0.06 points from the previous reading; up 1.23 points from a year earlier.
10-year Treasury yield: from 0.79% in Oct 2020 to 5.22% in Oct 2026, low 0.73%, high 5.31%.Oct 2020Oct 2026

What the U.S. government pays to borrow for ten years. Mortgage rates tend to move with it.

See the numbers
DateValue
Oct 8, 20265.22%
Oct 7, 20265.28%
Oct 6, 20265.27%
Oct 5, 20265.31%
Oct 2, 20265.28%
Oct 1, 20265.24%
Sep 30, 20265.29%
Sep 29, 20265.26%
Sep 28, 20265.24%
Sep 25, 20265.17%
Sep 24, 20265.18%
Sep 23, 20265.11%
Source: Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity, Quoted on an Investment Basis

Home prices

National home price index (Case-Shiller)

337.3 as of Jul 1, 2026
Up 0.4 from the previous reading; up 6.4 from a year earlier.
National home price index (Case-Shiller): from 229.8 in Oct 2020 to 337.3 in Jul 2026, low 229.8, high 337.3.Oct 2020Jul 2026

Tracks the change in U.S. home prices over time. January 2000 equals 100.

See the numbers
DateValue
Jul 1, 2026337.3
Jun 1, 2026336.9
May 1, 2026335.6
Apr 1, 2026333.2
Mar 1, 2026330.4
Feb 1, 2026327.8
Jan 1, 2026326.8
Dec 1, 2025327.0
Nov 1, 2025327.9
Oct 1, 2025328.2
Sep 1, 2025328.9
Aug 1, 2025329.8
Source: S&P Cotality Case-Shiller U.S. National Home Price Index

Median sales price of houses sold

$410,700 as of Apr 1, 2026
Up $2,200 from the previous reading; down $5,400 from a year earlier.
Median sales price of houses sold: from $338,600 in Oct 2020 to $410,700 in Apr 2026, low $338,600, high $442,600.Oct 2020Apr 2026

The middle price of houses sold in the United States. Updated quarterly.

See the numbers
DateValue
Apr 1, 2026$410,700
Jan 1, 2026$408,500
Oct 1, 2025$412,300
Jul 1, 2025$410,100
Apr 1, 2025$416,100
Jan 1, 2025$423,100
Oct 1, 2024$419,300
Jul 1, 2024$415,300
Apr 1, 2024$414,500
Jan 1, 2024$426,800
Oct 1, 2023$423,200
Jul 1, 2023$435,400
Source: Median Sales Price of New Houses Sold for the United States

Florida

Florida house price index

825.7 as of Apr 1, 2026
Down 0.3 from the previous reading; up 11.4 from a year earlier.
Florida house price index: from 514.0 in Oct 2020 to 825.7 in Apr 2026, low 514.0, high 826.0.Oct 2020Apr 2026

How home prices in Florida have changed over time, from the Federal Housing Finance Agency.

See the numbers
DateValue
Apr 1, 2026825.7
Jan 1, 2026826.0
Oct 1, 2025820.6
Jul 1, 2025812.6
Apr 1, 2025814.3
Jan 1, 2025810.0
Oct 1, 2024819.0
Jul 1, 2024811.1
Apr 1, 2024806.4
Jan 1, 2024799.9
Oct 1, 2023789.5
Jul 1, 2023791.1
Source: All-Transactions House Price Index for Florida

Florida unemployment rate

4.5% as of Aug 1, 2026
Down 0.10 points from the previous reading; up 0.50 points from a year earlier.
Florida unemployment rate: from 6.9% in Oct 2020 to 4.5% in Aug 2026, low 2.8%, high 6.9%.Oct 2020Aug 2026

The share of Florida's workforce without a job. Jobs and housing demand go hand in hand.

See the numbers
DateValue
Aug 1, 20264.5%
Jul 1, 20264.6%
Jun 1, 20264.7%
May 1, 20264.8%
Apr 1, 20264.8%
Mar 1, 20264.7%
Feb 1, 20264.6%
Jan 1, 20264.5%
Dec 1, 20254.3%
Nov 1, 20254.3%
Sep 1, 20254.2%
Aug 1, 20254.0%
Source: Unemployment Rate in Florida

Construction and sales

Housing starts

1,275 thousand as of Aug 1, 2026
Down 34 thousand from the previous reading; down 16 thousand from a year earlier.
Housing starts: from 1,543 thousand in Oct 2020 to 1,275 thousand in Aug 2026, low 1,182 thousand, high 1,807 thousand.Oct 2020Aug 2026

New homes on which construction began, per year at the current monthly pace, in thousands.

See the numbers
DateValue
Aug 1, 20261,275 thousand
Jul 1, 20261,309 thousand
Jun 1, 20261,439 thousand
May 1, 20261,182 thousand
Apr 1, 20261,414 thousand
Mar 1, 20261,522 thousand
Feb 1, 20261,346 thousand
Jan 1, 20261,385 thousand
Dec 1, 20251,378 thousand
Nov 1, 20251,319 thousand
Oct 1, 20251,273 thousand
Sep 1, 20251,319 thousand
Source: New Privately-Owned Housing Units Started: Total Units

New housing permits

1,403 thousand as of Aug 1, 2026
Down 30 thousand from the previous reading; up 56 thousand from a year earlier.
New housing permits: from 1,612 thousand in Oct 2020 to 1,403 thousand in Aug 2026, low 1,347 thousand, high 1,923 thousand.Oct 2020Aug 2026

Permits issued for new homes: an early signal of future building, in thousands per year.

See the numbers
DateValue
Aug 1, 20261,403 thousand
Jul 1, 20261,433 thousand
Jun 1, 20261,374 thousand
May 1, 20261,410 thousand
Apr 1, 20261,423 thousand
Mar 1, 20261,363 thousand
Feb 1, 20261,540 thousand
Jan 1, 20261,393 thousand
Dec 1, 20251,482 thousand
Nov 1, 20251,414 thousand
Oct 1, 20251,418 thousand
Sep 1, 20251,444 thousand
Source: New Privately-Owned Housing Units Authorized in Permit-Issuing Places: Total Units

New single-family homes sold

684 thousand as of Aug 1, 2026
Up 41 thousand from the previous reading; down 14 thousand from a year earlier.
New single-family homes sold: from 1,031 thousand in Oct 2020 to 684 thousand in Aug 2026, low 535 thousand, high 1,031 thousand.Oct 2020Aug 2026

Newly built single-family homes sold, per year at the current monthly pace, in thousands.

See the numbers
DateValue
Aug 1, 2026684 thousand
Jul 1, 2026643 thousand
Jun 1, 2026672 thousand
May 1, 2026636 thousand
Apr 1, 2026641 thousand
Mar 1, 2026659 thousand
Feb 1, 2026630 thousand
Jan 1, 2026576 thousand
Dec 1, 2025723 thousand
Nov 1, 2025757 thousand
Oct 1, 2025652 thousand
Sep 1, 2025714 thousand
Source: New One Family Houses Sold: United States

Existing home sales

3,980,000 as of Aug 1, 2026
Down 80,000 from the previous reading; down 50,000 from a year earlier.
Existing home sales: from 4,030,000 in Aug 2025 to 3,980,000 in Aug 2026, low 3,980,000, high 4,270,000.Aug 2025Aug 2026

Sales of previously owned homes, per year at the current monthly pace.

See the numbers
DateValue
Aug 1, 20263,980,000
Jul 1, 20264,060,000
Jun 1, 20264,130,000
May 1, 20264,190,000
Apr 1, 20264,040,000
Mar 1, 20264,010,000
Feb 1, 20264,130,000
Jan 1, 20264,020,000
Dec 1, 20254,270,000
Nov 1, 20254,090,000
Oct 1, 20254,110,000
Sep 1, 20254,080,000
Source: Existing Home Sales

Inventory

Months of new-home supply

8.5 months as of Aug 1, 2026
Down 0.5 months from the previous reading; up 0.0 months from a year earlier.
Months of new-home supply: from 3.3 months in Oct 2020 to 8.5 months in Aug 2026, low 3.3 months, high 10.3 months.Oct 2020Aug 2026

How many months it would take to sell the new homes on the market at the current pace.

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DateValue
Aug 1, 20268.5 months
Jul 1, 20269.0 months
Jun 1, 20268.6 months
May 1, 20269.2 months
Apr 1, 20269.0 months
Mar 1, 20268.7 months
Feb 1, 20269.3 months
Jan 1, 20269.9 months
Dec 1, 20257.9 months
Nov 1, 20257.7 months
Oct 1, 20259.0 months
Sep 1, 20258.2 months
Source: Monthly Supply of New Houses in the United States

Ownership and rentals

Homeownership rate

65.0% as of Apr 1, 2026
Down 0.30 points from the previous reading; up 0.00 points from a year earlier.
Homeownership rate: from 65.8% in Oct 2020 to 65.0% in Apr 2026, low 65.0%, high 66.0%.Oct 2020Apr 2026

The share of U.S. households that own their home.

See the numbers
DateValue
Apr 1, 202665.0%
Jan 1, 202665.3%
Oct 1, 202565.7%
Jul 1, 202565.3%
Apr 1, 202565.0%
Jan 1, 202565.1%
Oct 1, 202465.7%
Jul 1, 202465.6%
Apr 1, 202465.6%
Jan 1, 202465.6%
Oct 1, 202365.7%
Jul 1, 202366.0%
Source: Homeownership Rate in the United States

Rental vacancy rate

7.3% as of Apr 1, 2026
Up 0.00 points from the previous reading; up 0.30 points from a year earlier.
Rental vacancy rate: from 6.5% in Oct 2020 to 7.3% in Apr 2026, low 5.6%, high 7.3%.Oct 2020Apr 2026

The share of rental homes that are empty.

See the numbers
DateValue
Apr 1, 20267.3%
Jan 1, 20267.3%
Oct 1, 20257.2%
Jul 1, 20257.1%
Apr 1, 20257.0%
Jan 1, 20257.1%
Oct 1, 20246.9%
Jul 1, 20246.9%
Apr 1, 20246.6%
Jan 1, 20246.6%
Oct 1, 20236.6%
Jul 1, 20236.6%
Source: Rental Vacancy Rate in the United States

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis. Data: FRED, Federal Reserve Bank of St. Louis, drawn from original sources such as Freddie Mac, the U.S. Census Bureau, S&P Dow Jones Indices and the Federal Housing Finance Agency. Figures are shown for general information and are not financial advice.