Twin Cities home prices climbed 10 percent over the year ending in September, according to the widely followed S&P/Case-Shiller index. Read more →
The much-cited S&P/Case-Shiller Home Price Indices out Tuesday provided yet more confirmation of a firming housing market in Minnesota and nationally in the month of May.
The home construction industry is seeing persuasive indications of a rebound according to numbers compiled for the Builders Association of the Twin Cities.
Twin Cities home prices notched an over-the-year increase in February for the first time in about a year and a half, according to Standard & Poor’s/Case-Schiller National Home Price Index.
Wells Fargo economists see hope for the Minnesota housing market but slow job growth this year.
The annual rate of decline in Twin Cities home prices slowed somewhat in November, bucking a national trend.
By DEREK KRAVITZ, AP Business Writer WASHINGTON (AP) — 2012 looks to be another year of opportunity for the few who can afford to buy or refinance a home. Freddie Mac says the average rate on the 30-year fixed mortgage fell to 3.91 percent this week, matching the record low reached two weeks ago. The Read more →
The glut of homes for sale in the Twin Cities is diminishing, but that didn’t help boost prices last month.
Wells Fargo economist expect Minnesota’s job and housing markets to improve in 2012, albeit sluggishly.
The mortgage delinquency rate, which is based on loans that are at least one payment in arrears, fell in Minnesota in the third quarter.