Miami-Dade County Home Sales Increase Again in February 2020
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
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Source: PR Web
MIAMI (PRWEB) March 20, 2020 Miami-Dade County total home sales increased year-over-year in February 2020 thanks to a rise in mid-market and $1-million-and-up transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. "The Miami real estate market and the local economy through February have reflected very solid expansion and fundamentals," MIAMI Chairman of the Board Jorge L. Guerra Jr. said. "We continue to closely monitor the COVID-19 situation and are optimistic that the strong demand for local real estate, population growth, low interest rates, declining months of supply and the proven resilience and vitality of South Florida will bolster activity once the current situation is resolved." Pending sales, which are indicators of future closed sales and reflect demand, increased in February and have now risen in 11 of the last 13 months. In another indicator of strong local demand, months supply of inventory is down since July
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FMCC
Analyst Actions
- 2/26/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 4/23/24 - Form ABS-15G
- 3/28/24 - Form ABS-15G
- 3/28/24 - Form ABS-15G/A
- FMCC's page on the SEC website