According to the National Association of Realtors, single-home price growth over the 12 months ending June 30 was the strongest in history. Prices rose at an annual rate of 13.6 percent, to a median price of $208,300.
The Twin Cities area saw an average growth of 9 percent, which leads to a median home price of $237,700. For more information, check out the CNN/Money magazine article, Home prices post record gains. For more information on the Twin Cities housing market, check out the Buyers Real Estate Group web site.
