MAR will be closed on Monday, May 27 in honor of Memorial Day. Regular hours and service will resume Tuesday, May 28.
Weekly Market Activity Report for Week Ending March 30 Tags: Market DataWeekly Market Activity Reports

U.S. residential housing starts jumped 10.7% from the previous month to a seasonally adjusted annual rate of 1.521 million units, led by a surge in single-family starts, which increased 11.6% to 1.129 million units from the previous month, according to the U.S. Census Bureau. Meanwhile, overall housing completions rose 19.7% to a seasonally adjusted annual rate of 1.729 million units, the highest level since January 2007.

In the Twin Cities region, for the week ending March 30:

• New Listings decreased 10.4% to 1,014
• Pending Sales decreased 1.1% to 933
• Inventory increased 12.0% to 7,029

For the month of February:

• Median Sales Price increased 4.6% to $358,000
• Days on Market decreased 3.3% to 59
• Percent of Original List Price Received increased 0.3% to 97.5%
• Months Supply of Homes For Sale increased 28.6% to 1.8