The Minneapolis Area Association of Realtors has released the latest market statistics for the week ending March 23. We are in the midst of spring market, buyers are still out there in large numbers and housing inventory is still declining.
In the Twin Cities region, for the week ending March 23:
• New Listings increased 2.8% to 1,453
• Pending Sales increased 11.9% to 1,116
• Inventory decreased 29.8% to 12,779