Tuesday, April 15, 2014
(Minneapolis, MN) -- The housing market was as cold as the winter weather in the Twin Cities last month, as sales fell by 16-point-seven percent compared to a year ago. The Minneapolis Area Association of Realtors reports median prices, however, were up seven-point-six percent to 190-thousand dollars. The number of homes on the market in March was the lowest in a decade at 13-thousand-86. St. Paul Area Association of Realtors president Michael Hunstad expects the market to improve with the warmer weather.