South Florida’s pending sales are declining

Active listings for housing inventory in the South Florida region increased last week to 43,196, according to weekly data from Condo Vultures.

For the seven-day period ending Monday, pending sales dipped from 19,580 to 19,064 week-over-week. Over the past four weeks, pending sales declined by 1,009.

South Florida — including Broward, Miami-Dade and Palm Beach counties — saw 42,882 active listings during the week ending Oct. 6. — Eric Kalis