Housing Market Press Releases

Supply Rebounds from 2020 Levels While Demand Continues to Rise

Market times fastest in 14 years amid record home prices in the Twin Cities

Housing Market Press Releases – March 21

While new signed purchase agreements were also the strongest since 2005, they were down 0.1 percent from last year, suggesting low supply could be constraining sales.

Housing Market Press Releases – February 21

Sales up, price growth strong, market times fast, but new listings down and supply levels very low

Despite the headwinds, 2020 was a record-breaking year for housing

“Predictably, the result of record sales combined with ultra-low inventory meant rising prices and sellers accepting stronger offers in less time,” according to Tracy Baglio, President of SPAAR.