For Week Ending January 24, 2026 U.S. new-home sales rose 18.7% year-over-year in October, reaching a seasonally adjusted annual rate of 737,000 units, according to long-awaited data from the U.S.Census Bureau. On a monthly basis, sales were essentially flat, dipping … Continue reading
Mortgage Rates Remain Lower and Steady
January 29, 2026 Mortgage rates remain near their lowest levels in three years, which is encouraging for potential homebuyers who have waited to enter the market for some time. Lower rates, combined with strong income growth, have led to a … Continue reading
Weekly Market Report
For Week Ending January 10, 2026 The U.S. homeownership rate climbed to 65.3% in the third quarter of 2025, up from 65% in the second quarter, according to the U.S. Census Bureau. The homeownership rate remains below the 25-year average … Continue reading
REALTORS® Eye Housing Recovery
Housing recovery pushed forward during October. Just like most of this year, more homes sold in less time at higher prices and for closer to asking price than last year. During October, 4,483 homes went under contract, 34.0 percent higher … Continue reading
Positive Housing Outlook is the Rule of the Day
Local housing market recovery continues to roll forward in the Twin Cities 13-county metropolitan area. In September, more homes sold in less time at higher prices and for closer to asking price than last year. During the month, 4,032 homes … Continue reading
Recovery Evidence Mounts, Distressed Sales Rate Hits Multi-Year Low
Minneapolis, Minnesota (July 12, 2012) – The empirical evidence of a market in recovery is beginning to accumulate. Sales counts and prices are up; inventory and months of supply are down. In June 2012, buyers signed 4,917 purchase agreements, 16.0 … Continue reading
Weekly Market Report
The last time you were at the doctor, your vital signs were checked – heart rate, pulse, temperature and blood pressure. Progress was documented and valuable insights were gained, whether it was a routine visit or one of many checks … Continue reading
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending January 17, 2026 The average 30-year fixed mortgage rate fell to 6.06% the week ending January 15, 2026, the lowest level since September 2022, according to Freddie Mac. The Mortgage Bankers Association noted that lower rates have … Continue reading
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