Florida Realtors modifying data reports

Florida Realtors will be unveiling a series of changes to its residential data reports, with an increased focus on submarkets. Each of the 63 Realtor associations in Florida will be releasing information on their submarkets, the Palm Beach Post reported. “With this new data system, Florida Realtors will be able to offer more comprehensive statewide data, including inventory levels, average prices and time on market,” said John Tuccillo, chief economist at Florida Realtors. The statewide organization has hired 10K Research and Marketing to put together the data. [Palm Beach Post]