The numbers for the Twin Cities Market are out for the week ending August 11, 2012. Summer is about to wrap up which means that the housing market will be tested to see if the upward trend can continue into the fall.
In the Twin Cities region, for the week ending August 11:
• New Listings increased 2.0% to 1,387
• Pending Sales increased 31.2% to 1,149
• Inventory decreased 29.6% to 16,982