South Florida housing market shows increased home listings

South Florida's housing market is showing signs of cooling as the number of homes for sale has increased significantly. Active listings of single-family homes in Broward County rose by 36% from January 2024 to January 2025, while Palm Beach County saw a 25% increase. The rise in inventory is attributed to declining interest rates, new construction, and renters staying longer in their homes. This trend may lead to slower price growth, with more homes experiencing price cuts than in recent years. Experts suggest that spring is a favorable time for sellers, as homes typically sell faster and at higher prices during this season. However, they advise sellers to prepare their homes for the market now to take advantage of upcoming trends.