Steady Rates, Strong Outlook: Fort Lauderdale Market Update

What’s really happening in today’s real estate market across Fort Lauderdale and Broward County?

Mortgage rates continue to hold steady in the mid-6% range, and despite mixed national indicators, the local market is showing signs of stability and resilience. Momentum isn’t explosive, but it is consistent. And in a shifting economy, consistency is a powerful signal.

 

📉 Rates Hold Steady as Activity Remains Stable

Mortgage rates saw only a slight move this week, with averages staying close to recent lows:

  • 30-Year Conventional: 6.34%

  • 15-Year Conventional: 5.84%

  • 30-Year FHA: 6.06%

  • 30-Year VA: 6.08%

  • 7-Year ARM: 5.86%

Overall mortgage activity remains balanced. Refinancing dipped slightly, while overall application volume saw a modest lift—reflecting steady interest and sustained engagement in the market.

 

🏦 Fed Outlook: December Could Bring a Shift

 

The next Federal Reserve meeting on December 10 is becoming a focal point for markets. Current projections show a 65% probability of a 25-basis-point rate cut.

Upcoming economic reports—CPI, PPI, and Core PCE—will likely shape the final decision, but early indicators suggest the Fed may be ready to ease lending conditions as we move toward the end of the year.

For the real estate landscape, this could support improved affordability, stronger consumer confidence, and a more active start to 2026.

 

📊 Broward County: A Market Showing Resilience

 

Local housing data across the Miami–Fort Lauderdale–Palm Beach region shows stability overall, with slight adjustments that reflect a healthy and steady-moving market:

  • Total Listings: 56,400 (↓ 98)

  • Active Listings: 47,300 (↓ 89)

  • New Listings: 10,100 (↓ 658)

  • Pending Listings: 9,159 (↑ 217)

Inventory remains lower than historical averages nationwide, which continues to support stable pricing and consistent market performance in South Florida.

 

The Fort Lauderdale and Broward County markets continue to move with steady momentum:

 

  • Rates are stable

  • Local activity shows balanced engagement

  • Inventory remains consistent

  • Economic indicators point toward potential easing ahead

Whether someone is exploring opportunities, watching trends, or preparing for future decisions, this season offers a clear picture of a market that is stable, resilient, and well-positioned heading into the new year.