Florida Economic Briefs
Florida has the fifth fastest job growth among states
According to a new report by Kiplinger, Florida has the fifth fastest employment gains in 2015. Florida’s job growth is estimated that it will increase by 3.2 percent in 2015 and 3.4 percent in 2016—significantly higher than the national rate of 2.1 percent. Leading this growth are construction, tourism, health care, transportation and technology.
Housing market increases in June
In June, there were 27,729 closed home sales in Florida, 12 percent higher than May (24,789 sales) and 20 percent higher than June of last year (23,181 sales). Additionally, the median sale price increased to $203,500, 2 percent higher than last month ($200,000) and 10 percent higher than June of last year ($185,000).
Source: Florida Realtors