Minneapolis, Minnesota (May 12, 2015) – The number of signed purchase agreements in the 13-county Twin Cities region reached a 10-year high for the month of April. The figure came up just shy of reaching a 10-year record high for any month. Buyers wrote 6,329 offers to purchase homes, a 26.0 percent increase from last [...]
Recovery Plows Forward as New Condo Prices Reach Fresh Highs Minneapolis, Minnesota (December 10, 2014) – The Twin Cities regional housing market continued to make strides toward recovery in November, even as some measures appear to show unfavorable movement. Pending sales, or the number of signed purchase agreements, fell 7.5 percent in November compared to [...]
Gains in Traditional Activity Almost Offset Declines in Distressed Activity Minneapolis, Minnesota (November 12, 2014) – In October 2014, overall buyer and seller activity both cooled slightly in the 13-county Minneapolis–St. Paul metropolitan area. Pending sales declined 1.3 percent from last year, while new listings decreased 2.3 percent. Gains in traditional activity nearly offset dramatic [...]
