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Weekly Market Report

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For Week Ending September 6, 2025

U.S. housing starts rose to a five-month high, climbing 5.2% month-over-month and 12.9% year-over-year to a seasonally adjusted annual rate of 1,428,000 units, according to the U.S. Census Bureau. The gain was driven primarily by multi-family starts, which surged 11.6% from the previous month to 470,000 units, while single family starts increased 2.8% to 939,000 units.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING SEPTEMBER 6:

  • New Listings increased 8.2% to 1,574
  • Pending Sales increased 6.5% to 825
  • Inventory increased 1.4% to 10,325

FOR THE MONTH OF AUGUST:

  • Median Sales Price increased 2.8% to $399,999
  • Days on Market increased 5.0% to 42
  • Percent of Original List Price Received remained flat at 98.7%
  • Months Supply of Homes For Sale decreased 3.6% to 2.7/li>

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Mortgage Rates Drop

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September 11, 2025
The 30-year fixed-rate mortgage fell 15 basis points from last week, the largest weekly drop in the past year. Mortgage rates are headed in the right direction and homebuyers have noticed, as purchase applications reached the highest year-over-year growth rate in more than four years.

Information provided by Freddie Mac.