Inventory
Weekly Market Report
U.S. single-family rent growth was up 2.7% year-over-year as of last measure, according to Corelogic’s January 2024 U.S. Single-Family Rent Index, keeping in line with the annual rate of growth recorded prior to the pandemic. Attached singlefamily rents increased 3.3% year-over-year, while detached single-family rents rose 2.3%. Nationally, rent growth was highest in the lower-priced rental tiers, climbing 2.9% year-over-year.
IN THE TWIN CITIES REGION, FOR THE WEEK ENDING FEBRUARY 3:
- New Listings increased 17.9% to 942
- Pending Sales increased 4.2% to 720
- Inventory increased 2.6% to 6,446
FOR THE MONTH OF DECEMBER:
- Median Sales Price increased increased 1.4% to $353,900
- Days on Market increased 2.0% to 51
- Percent of Original List Price Received increased 0.4% to 96.7%
- Months Supply of Homes For Sale increased 20.0% to 1.8
All comparisons are to 2023
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.
Mortgage Rates Show Little Movement
February 8, 2024
Mortgage rates remain stagnant, hovering in the mid-six percent range over the past several weeks. The economy and labor market remain strong with wage growth outpacing inflation, which is keeping consumer spending robust. Meanwhile, affordability in the housing market is an ongoing issue due to continued high home prices, elevated mortgage rates and low supply of homes on the market, particularly for first-time and low-income homebuyers.
Information provided by Freddie Mac.
New Listings and Pending Sales
Inventory
- « Previous Page
- 1
- …
- 30
- 31
- 32
- 33
- 34
- …
- 242
- Next Page »