|For the week ending August 20, Twin Cities home sellers continued to list fewer
properties than last year at this time, as new listings were down 11.8
percent to 1,342. That makes for 11 consecutive weeks of (still welcome)
declines. Meanwhile, buyer activity was up 53.3 percent over last year, the
largest increase in 12 weeks and the 15th consecutive week of double-digit
Inventory has been a winner all summer, and we haven’t broken the positive pattern yet.
A flurry of housing and employment reports due out this week could set the stage
Although these numbers represent all of the metro area, Hutchinson’s real estate market reflects all these same trends.