Sarah McKenzie

Housing inventory levels down significantly


Housing inventory levels in the Twin Cities are at their lowest level in nine years, and the downtown and Northeast housing markets are no exception, according to the latest report from the Minneapolis Area Association of Realtors. 

The latest market update, which reflects August sales activity, shows that the supply of houses and condos on the market in the downtown area is down more than 47 percent compared to the same time last year. 

In Northeast, inventory is down nearly 25 percent. 


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