Category: Weekly Report

U.S. new-home sales rose 18.7% year-over-year in October, reaching a seasonally adjusted annual rate of 737,000 units, according to long-awaited data from the U.S.Census Bureau. On a monthly basis, sales were essentially flat, dipping just 0.1% from September’s 738,000 units. The median new-home sales price fell 3.3% month-over-month to $392,300, down 8% from October 2024.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JANUARY 24:

• New Listings decreased 11.2% to 806
• Pending Sales decreased 5.6% to 571
• Inventory decreased 0.3% to 7,510

FOR THE MONTH OF DECEMBER:

• Median Sales Price increased 2.7% to $380,000
• Days on Market increased 3.6% to 58
• Percent of Original List Price Received decreased 0.2% to 96.8%
• Months Supply of Homes For Sale remained flat at 2.0

All comparisons are to 2025

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

The U.S. homeownership rate climbed to 65.3% in the third quarter of 2025, up from 65% in the second quarter, according to the U.S. Census Bureau. The homeownership rate remains below the 25-year average rate of 66.3% and is 3.9 percentage points lower than the peak of 69.2% in 2004. Nearly 90% of housing units were occupied in the third quarter, and just over 10% were vacant.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JANUARY 10:

• New Listings decreased 5.1% to 979
• Pending Sales decreased 13.6% to 458
• Inventory decreased 1.6% to 7,401

FOR THE MONTH OF DECEMBER:

• Median Sales Price increased 2.7% to $380,000
• Days on Market increased 3.6% to 58
• Percent of Original List Price Received decreased 0.2% to 96.8%
• Months Supply of Homes For Sale decreased 5.0% to 1.9

All comparisons are to 2025

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

The average 30-year fixed mortgage rate fell to 6.06% the week ending January 15, 2026, the lowest level since September 2022, according to Freddie Mac. The Mortgage Bankers Association noted that lower rates have coincided with a rise in purchase and refinance applications, as borrowers respond to recent improvements in affordability.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JANUARY 17:

• New Listings decreased 3.6% to 914
• Pending Sales decreased 15.1% to 512
• Inventory decreased 1.3% to 7,441

FOR THE MONTH OF DECEMBER:

• Median Sales Price increased 2.7% to $380,000
• Days on Market increased 3.6% to 58
• Percent of Original List Price Received decreased 0.2% to 96.8%
• Months Supply of Homes For Sale decreased 5.0% to 1.9

All comparisons are to 2025

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

The National Association of REALTORS® (NAR) forecasts a 14% increase in existing-home sales in 2026, alongside a 5% rise in new-home sales. These gains are being fueled by steady job growth, softening mortgage rates, and improving overall market conditions. Home prices are projected to grow 4% this year, reflecting sustained demand and ongoing inventory constraints.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JANUARY 3:

• New Listings decreased 18.9% to 586
• Pending Sales decreased 11.8% to 387
• Inventory decreased 2.6% to 7,683

FOR THE MONTH OF NOVEMBER:

• Median Sales Price increased 2.9% to $387,000
• Days on Market remained flat at 50
• Percent of Original List Price Received decreased 0.2% to 97.4%
• Months Supply of Homes For Sale remained flat at 2.5

All comparisons are to 2025

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Nationally, 46.1% of mortgaged residential properties were classified as equity-rich in the third quarter of 2025, according to ATTOM’s latest 2025 U.S. Home Equity & Underwater Report. This marks a slight decline from 47.4% the previous quarter and from 48.3% the same time last year. The three states with the highest share of equity-rich properties were Vermont (86.8%), New Hampshire (61.4%), and Rhode Island (59.8%).

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING DECEMBER 27:

• New Listings decreased 22.4% to 267
• Pending Sales decreased 11.9% to 376
• Inventory decreased 2.9% to 7,964

FOR THE MONTH OF NOVEMBER:

• Median Sales Price increased 2.9% to $387,000
• Days on Market remained flat at 50
• Percent of Original List Price Received decreased 0.2% to 97.4%
• Months Supply of Homes For Sale remained flat at 2.

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.