Friday, February 16, 2018

January saw fewer homes for sale, with higher price tags

A shortage of homes for sale continues to feed rising prices in the Minneapolis/St. Paul housing market. The Minneapolis Area Association of Realtors (MAAR) on Friday announced the market's housing data for January, noting that available inventory levels declined for the third consecutive month. There were 4,041 properties on the market in January, a 7.8 percent decrease from the same period in 2017. Fewer homes for sale means fewer closings — there were 2,758 closed sales during the month,…

from DIYS http://ift.tt/2BzmQJp

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