"Florida's housing market remains one of the most active in the nation, balancing rapid population growth with a steady stream of new construction. The state earned a C+ on the Realtor.com® State-by-State Housing Report Card, part of the Let America Build campaign tracking how well states manage affordability and housing supply. While Florida continues to build at an impressive pace, strong demand and rising insurance costs have kept pressure on buyers and builders alike."
"Hoping to spur on action in the rest of the country, President Donald Trump recently put pressure on large homebuilders to increase construction nationwide. In a post on his Truth Social platform in early October, he accused major builders of hoarding lots to prop up prices-likening them to OPEC, which restricts oil output to maintain high prices. "They're my friends ... but now, they can get Financing, and they have to start building Homes. They're sitting on 2 Million empty lots, A RECORD," Trump wrote."
Florida's housing market remains active, balancing rapid population growth with substantial new construction. The state earned a C+ on the Realtor.com® State-by-State Housing Report Card, with a 2024 median listing price of $445,826 and median household income of $69,226. The Realtor Affordability Score of 0.52 is lower than the national average but supported by strong new-construction trends. Florida generated 11.8% of national new-home permits while representing 6.8% of the U.S. population, delivering a high permit-to-population ratio. Strong demand and rising insurance costs continue to pressure buyers and builders. Federal pressure on large builders aims to increase nationwide construction.
Read at SFGATE
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