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Weekly Market and Showing Activity – 2021-02-22 Tags: Market DataWeekly Market Activity Reports

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:  Not even three full weeks in the deep freezer could deter Twin Cities home buyers. Showing activity throughout February has trended above 2019 and 2020 levels. With the exception of listings under $250K and those between $600-800K, all price points had more showing activity than the same week last year. Pending sales continue to outperform while seller activity remains subdued. Rates on a 30-year fixed mortgage remain around 2.81 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, March 18, 2021 (2:00 PM to 3:00 PM).