Minneapolis Area Association Of Realtors
Home sales remain on the rise even though home prices are going up along with interest rates from mortgages, according to a report released Thursday by the Minneapolis Area Association of Realtors.
Newly released sales figures show that home sales are up nearly 20 percent in the Twin Cities metro area. That statistic makes 2012 the best year in the area for home sales since 2006.
It may be the most promising sign yet that the metro area is moving past the housing crisis. The latest report from the Minneapolis Area Association of Realtors shows that pending home sales jumped 16 percent compared to last June.
There are more signs of recovery in the Twin Cities housing market.
The season for buying and selling homes in the Twin Cities is off to a strong start, but is it good enough to turn the housing market around?