Home purchases are falling through at a growing rate in parts of Florida where supply is piling up, per a new Redfin report.

The housing market in South Florida has grown weaker and condos are only partly to blame, a Redfin economist said.

Florida recently saw the highest number of homes listed for sale in the past 13 years, with more than 172,000 homes available on the market, a new analysis shows.

The number of homes piling up on the market in Florida has hit record highs for two months in a row—and two cities in particular are becoming hot markets for buyers as prices fall dramatically. In February,