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greenwood: This Week's Market Activity - 07/05/07 02:47 PM
Week of July 2, 2007
Week by week and month by month, we have been saying the same
thing for well over a year now. The Twin Cities housing market is in a
state of post-boom correction and recalibration; both buyer and seller
activity are down from 2006. It's also important to note that the 2006
market was down from 2005, making our current activity levels seem
even slower in comparison. Newly signed purchase agreements
(pending sales) for the week ending June 23 were behind last year by
9.3 percent and behind 2005 by 33.8 percent. Seller activity is also on
the decline, but to a much lesser degree than … (0 comments)

 

Karna Johnson

Deephaven, MN

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Coldwell Banker Burnet

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