Hello stats fans and data lovers near and far. These special weekly market updates put buyer and seller activity in context and capture any market shifts. They feature all the charts and data you’ve come to love, including showings by price point. Don’t forget to check out our regular Weekly Market Activity Report. Once you’ve logged in to Northstar, Infosparks is also an excellent resource for custom market research and data.
In the meantime, check out the latest showings numbers and market indicators.
Weekly insight: Showing activity so far in 2021 remains elevated above 2019 and 2020 levels. With the exception of listings under $200K, all price points had more showing activity than the same week last year. Despite the frigid weather, home shoppers continued to show up. Rates on a 30-year fixed mortgage remain around 2.73 percent, which is near a 50+ year low. The lowest 30-year mortgage rate since 1970 is 2.65 percent.
Join MAR’s Director of Research and Economics, David Arbit, for a free monthly presentation and discussion on the Twin Cities real estate market Thursday, February 18, 2021 (2:00 PM to 3:00 PM).