Active listings for housing inventory in the South Florida region rose last week to 40,097, according to weekly data from Condo Vultures.
For the seven-day period ending yesterday, pending sales dropped to 19,449 from 19,766 week-over-week. Over the past four weeks, pending sales have steadily declined.
South Florida — including Broward, Miami-Dade and Palm Beach counties — saw 39,470 active listings during the week ending Jan. 13. — Mark Maurer