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Twin Cities Home Prices Flattening Out with Latest Rate Spike

March 20, 2023 by Luther Correll

Median sales price of Twin Cities homes rose 0.6 percent to just under $342,000 Buyer activity down 23.6 percent with 2,932 pending sales Sellers listed 24.3 percent fewer homes compared to last February (March 15, 2022) – According to new … Continue reading →

Filed Under: The Skinny

Twin Cities Price Growth Stabilizes to Match Historic Norms

February 16, 2023 by Luther Correll

Median sales price of Twin Cities homes rose 2.7 percent to just under $342,000 Buyer activity down 19.3 percent with 2,560 pending sales Sellers listed 10.6 percent fewer homes compared to last January (February 15, 2022) – According to new … Continue reading →

Filed Under: The Skinny

Rising rates pushed sales down for every month in 2022 compared to 2021

January 21, 2023 by Luther Correll

Higher mortgage rates and rising prices increased monthly housing costs for buyers Minneapolis–Saint Paul, Minnesota (January 18, 2023) – The first and second half of 2022 couldn’t have looked more different, according to an annual report issued by Minneapolis Area … Continue reading →

Filed Under: The Skinny

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