House price gains in the Twin Cities neck-and-neck with national average

The latest Case-Shiller report shows a 3 percent gain during March

May 26, 2015 at 2:52PM
(The Minnesota Star Tribune)

House prices in the Twin Cities metro area continue to rise at about the same pace as the national average. That's according to the latest Standard & Poor's/Case-Shiller report, which tracks repeat sales of the same of the property. In the 13-county metro houses prices during March were 3 percent higher than last year, just shy of a 4.1 percent increase nationwide. The report differs from the one released earlier this month by the Minneapolis Area Area Association of Realtors, which tracks the median price of all sales during the month. It showed prices rising 10 percent during April. Here's a link to that complete report.

Here's what happened in the nation's biggest metro areas:

(The Minnesota Star Tribune)
about the writer

about the writer

Jim Buchta

Reporter

Jim Buchta has covered real estate for the Star Tribune for several years. He also has covered energy, small business, consumer affairs and travel.

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