Homes in the Twin Cities in September continued to sell at higher prices than a year ago, even as high mortgage rates reduce residential real estate demand.
This September had just under 4,000 signed purchase agreements, about a 30% drop from September 2021, Minneapolis Area Realtors and Saint Paul Area Association of Realtors said in a Monday report. The median price for a home in the Twin Cities rose to $362,000 last month – a sizable jump of more than 6% from the year before, but a smaller…
