Minneapolis house prices are up

According to the Minneapolis Star Tribune

Home prices in Minneapolis rose faster in June than in almost any other
city in the nation.

The Standard & Poor’s/Case-Shiller 20-city home price index released
Tuesday showed that prices in Minneapolis, Detroit and Chicago rose by 2.5
percent, well ahead the one percent average increase between May and June.

But as prices have gone up, demand has gone down and experts predict that prices will fall through the rest of the year.

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