Anyone who bought themselves a Florida property last year should consider themselves a trendsetter, as new figures show property sales are on the up.
The latest statistics from the Florida Association of Realtors reveal a rise in the number of Florida property purchases in most areas during July, representing the eleventh month in a row that house sales have shown a year-on-year increase.
A total of 15,882 units of Florida property were sold across the sunshine state during July, compared to just 11,595 during the same month in 2008, equating to a 37 per cent sales increase.
Miami is currently the fastest-rising Florida property hotspot, with sales up 64 per cent last month, while Fort Lauderdale is also faring well, registering a 56 per cent increase in the number of homes sold, compared to July 2008.
Savills’ Sean Adams recently recommended Florida property to people looking to make a long-term investment, telling the Times that plenty of bargains can currently be found in top tourist destination Orlando.
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