Inventories of Existing Homes in Florida Spike in March to Highest since at Least 2016, Massive Jumps in Tampa, Miami, Orlando, as Buyers Are on Strike

Inventory is piling up in Florida. Active listings jumped by 5.9% in March from February, and by 34% year-over-year to 177,006 homes, the highest in the data from realtor.com going back to 2016. The month-to-month surges in February (+7.3%) and March were particularly spectacular...