Twin Cities Home Prices Flattening Out with Latest Rate Spike
(March 15, 2022) – According to new data from Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, the median sales price across the Twin Cities grew 0.6 percent to $342,000. Home price growth has flattened out in the face of higher mortgage rates and deteriorating affordability.
Advocacy Report – March 2023
In its continued effort to curb inflation, the Federal Reserve raised its benchmark interest rate in February by a quarter-percentage point to 4.50% - 4.75%, its 8th rate hike since March of last year, when the interest rate was nearly zero.
Let’s Talk About Housing Affordability
Housing affordability is a key issue in the State of Minnesota. Let's talk about why it is important and some solutions to address the issue.
Membership Benefits You Should Know
With your local, state, and national REALTOR® membership, you have access to a range of benefits from discounts, free tools, to special offers and more. Start get the most out of your membership with these benefits!
2024 NAR Committee Applications Are Now Open
Apply now through May 15th for a spot in one of the 2024 committees,Twin Cities Price Growth Stabilizes to Match Historic Norms
(February 15, 2022) – According to new data from Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, the median sales price across the Twin Cities grew 2.7 percent to $341,995. The metro is returning to historic trends for median home price growth.