Palm Beach County sees 68 percent increase in single-family home sales

Sales of single-family homes rose 67.9 percent in Palm Beach County in April compared to the same period in 2011, the Palm Beach Post reported. There were a total of 2,186 pending home sales last month, up from 1,302 in April 2011. Sales of townhouses and condominiums jumped a similarly-high 39.2 percent. “Since January, we’ve seen an upturn in activity, with the market going from stagnant to full-out go,” said Douglas Rill, president and broker at West Palm Beach’s Century 21 America’s Choice. “If people wanted to buy at the bottom, the party’s over.” [Palm Beach Post]