Market Insight

May 1, 2020

Home builder confidence collapsed in April, COVID-19's impact eased, prices continued to rise in March

Twin Cities Housing Market: April - 2020

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

Home builder confidence nationwide suffered the largest month over month decline in the history of the index, in April.

Despite COVID-19’s ...

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Posted in Market Insight
April 1, 2020

The median home price exploded to the upside in February, COVID-19 hit US economy

Twin Cities Housing Market: March - 2020

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

The median home price in the Twin Cities exploded to the upside with a 4% gain in February. That is the ...

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Posted in Market Insight
Feb. 25, 2020

Inventory fell to a new record low in January setting the stage for a strong rise in home prices this spring

Twin Cities Housing Market: February - 2020

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

The home inventory level in the Twin Cities has fallen to a new record low ahead of the spring market, which ...

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Posted in Market Insight
Jan. 15, 2020

Home inventory fell to a new record low in December as the seasonal inventory consolidation continued

Twin Cities Housing Market: January - 2020

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

Home inventory continued its predictable slide in December and hit a new record low as inventory continued to consolidate ahead of ...

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Posted in Market Insight
Dec. 31, 2019

Home and condo sales volume continued to slow but inventory also took a sharp, 16% dive in November

Twin Cities Housing Market: December - 2019

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

The Twin Cities housing market has continued to trend in line with historically set, seasonal expectations. In November, the median price ...

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Posted in Market Insight
Nov. 25, 2019

The median home price remained flat in October as the market set up for the low volume winter season

Twin Cities Housing Market: November - 2019

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

As expected, demand and home prices remained flat and the home inventory level began its seasonal decline with a 9% fall ...

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Posted in Market Insight
Oct. 31, 2019

The median home price fell 3% in September as the seasonal market deceleration continued

Twin Cities Housing Market: October - 2019

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

Mortgage Rates: Mortgage rates moved up 4% in October and currently sit at 3.75% for a 30 year fixed conventional ...

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Posted in Market Insight
Sept. 27, 2019

The seasonal market deceleration continued in August but the median home price managed a 1% gain

Twin Cities Housing Market: September - 2019

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

The seasonal market deceleration has continued through August and the first part of September overall, but Twin Cities housing prices did ...

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Posted in Market Insight
Aug. 26, 2019

The median home price in the Twin Cities fell in July for the first time since December of 2018

Twin Cities Housing Market: August - 2019

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You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

As we expected, the median home price in the Twin Cities fell in July ...

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Posted in Market Insight
July 29, 2019

The median home price set a new record high of $290K in June, likely the peak for 2019

Twin Cities Housing Market: July - 2019

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

The median home price in the Twin Cities hit another record high of $290K in June. With leading indicators like pending ...

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Posted in Market Insight