Tuesday, December 15, 2009

Twin Cities Market Activity Report - WE 12/14

Twin Cities Market Activity Report - WE 12/14

The post-Thanksgiving bump is in effect for the Twin Cities housing market. The week ending December 5 saw pending sales swing upward from the previous week by 152 to settle at 551. This is 7.7 percent less than last year at this time, marking the third week of the last four to post pending sales numbers lower than a year ago. The aftermath of the tax credit's initial expiration date is combining with the typical holiday slowdown to bring sales down (MAAR).

Market Activity Report
Minneapolis / St. Paul / Elk River / Maple Grove / Plymouth