|
|
Crookston Times - Crookston, MN
  • Minn. home sales rise 8 percent in Oct.

  • A monthly report from the Minnesota Association of Realtors says the gains were not felt evenly across the state.
    • email print
      Comment
  • Minnesota home sales rose 8 percent in October, thanks to record low mortgage rates and strengthening consumer confidence.
    But a monthly report from the Minnesota Association of Realtors says the gains were not felt evenly across the state.
    Minnesota reported 7,662 closings in October, an 8 percent increase from last year. The median price of those closings was $152,000, a 9.4 percent increase from last year.
    The report tracks home sales in 13 multi-county economic development regions. The Star Tribune (http://bit.ly/TeuGeH) reports that while most of those regions have seen a steady increase in home sales over the past year, a handful are lagging. In six regions the number of closings was either flat, or had fallen compared with last year.

        calendar