Twin Cities Housing Prices Dropping

According to the Minneapolis St Paul Business Journal

The Twin Cities housing market continued to make small improvements in
September, even though prices were down for the 11th consecutive month, a real
estate group said Wednesday.

The median price for a Twin Cities-area home was $155,000 last month, down 6.9 percent from September 2010, according to a report from the Minneapolis Area Association of Realtors.

For the last 12 months, home prices are down 8.8 percent, the group said.

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