Weekly Market Report for Minneapolis Real Estate

By
Real Estate Agent with Luke Team Real Estate

Pending Sales in the Twin Cities Housing MarketWeekly Market Activity Report

When compared to the previous week's dive, pending sales held strong during a time of typical seasonal swoon.

For the week ending November 21, there were 604 purchase agreements, a 5.2 percent increase over the same week in 2008 and the first time in a month not to show a week-over-week plunge in sales activity.

Although sales are up over last year, they have slowed considerably from October's tax credit gold rush.

With the winter season before us, sales will likely continue their respite into 2010.

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