Weekly Market Activity Report

Weekly Market Activity Report

Weekly Market Activity Report As the final days of summer start to wane, Twin Cities home buyers posted their 14th consecutive week of double-digit, year-over-year gains. For the week ending August 13, there were 47.4 percent more purchase agreements signed than during the same week last year. A total of 952 buyers entered contract. Sellers … Continue reading Weekly Market Activity Report

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Weekly Market Activity Report

Weekly Market Activity Report While day traders continue along their roller coaster ride, 997 Twin Cities home buyers made the smart investment in real estate. That’s 40.0 percent more than those who made the investment last year. As this year’s pending sales trend line rounds off its seasonal peak, you’ll notice that purchase demand is … Continue reading Weekly Market Activity Report

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Weekly Market Activity Report

For the week ending July 23, Twin Cities home-buying activity increased 54.3 percent while home-listing activity declined 13.2 percent compared to the same week in 2010. Buyers entered into 1,040 purchase agreements while sellers brought 1,380 new properties onto the market. Sales are up, listings are down. We’ve heard it all summer. What else is … Continue reading Weekly Market Activity Report

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Weekly Market Activity Report

Home sales in the Twin Cities housing market continue to show strong year-over-year growth, but we must continue to point out that this is mostly due to how extraordinarily quiet last year was at this time following the expiration of the federal home buyer tax credit. For the week ending July 9, there were 788 … Continue reading Weekly Market Activity Report

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Weekly Market Activity Report

Weekly Market Activity Report For the week ending July 2, there were 1,057 purchase agreements, a 58.2 percent increase over the 668 seen during the same week last year. Let’s sprinkle in some context. Over the past 10 weeks in the Twin Cities metro area, pending sales have increased slightly from 986 to 1,057. Over … Continue reading Weekly Market Activity Report

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Weekly Market Activity Report

In light of this, the week ending June 18th 2011 marked an important milestone for the Twin Cities housing market. More buyers entered into purchase agreements that week than during any non-tax credit year since the peak bubble year of 2006. That is to say the 1,076 signed contracts outpaced all of 2007 and all … Continue reading Weekly Market Activity Report

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Weekly Market Activity Report

For the week ending June 18, pending sales in the Twin Cities reached a new high for 2011. The 961 signed purchase agreements were 49.0 percent higher than the same week last year. That’s the greatest number of pending sales in 57 weeks or since the week ending May 15, 2010—and only four contracts shy … Continue reading Weekly Market Activity Report

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Weekly Market Activity Report

Pending sales in the 13-county Twin Cities were up 33.7 percent compared to the same week during the post-credit cool-down of 2010. In total, 901 home buyers entered into purchase contracts. This marks the fifth consecutive week of double-digit year-over-year gains in pending sales activity. The last time we could proudly display that badge was … Continue reading Weekly Market Activity Report

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Weekly Market Activity Report

Buyer activity in the Twin Cities metro area increased a colossal 59.2 percent over last year, the strongest year-over-year gain since the week ending October 3, 2009. That’s a win any way you look at it, especially after 52 of the past 53 weeks showed year-over-year declines in buyer activity. The post-tax credit drop-off seen … Continue reading Weekly Market Activity Report

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Weekly Market Activity Report

The 889 purchase agreements signed in the Twin Cities for the week ending May 21 were 40.2 percent higher than the same week in 2010. That’s a big number, and it’s certainly good news, but let’s break it down. Three short weeks ago, current sales activity was 37.4 percent below last year’s levels. The truth … Continue reading Weekly Market Activity Report

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