Monday, July 6th, 2026
For Week Ending June 27, 2026

Realtor®.com found that buying a home by age 30 is associated with a 22.5% higher net worth at age 50 compared with purchasing a first home in one’s 40s. Moreover, children raised in homeowner households are 18.4% more likely to become homeowners by age 35. The U.S. homeownership rate stood at 65.7% in the fourth quarter of 2025, the highest level of the year, though still below the pandemic-era high of 67.9% in the second quarter of 2020.

In the Twin Cities region, for the week ending June 27:

  • New Listings increased 5.5% to 1,526
  • Pending Sales increased 9.7% to 1,167
  • Inventory increased 6.9% to 11,284

For the month of May:

  • Median Sales Price increased 1.2% to $399,900
  • Days on Market increased 2.3% to 45
  • Percent of Original List Price Received decreased 0.3% to 99.7%
  • Months Supply of Homes For Sale increased 3.7% to 2.8

All comparisons are to 2025

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Posted in Weekly Report |
Thursday, July 2nd, 2026
July 2, 2026

The 30-year fixed-rate mortgage eased slightly this week averaging 6.43%. With rates at a seven-week low and purchase demand continuing to edge higher, it’s an encouraging sign as prospective homebuyers respond to modest improvements in affordability.

  • The 30-year fixed-rate mortgage veraged 6.43% as of July 2, 2026, down from last week when it averaged 6.49%. A year ago at this time, the 30-year FRM averaged 6.67%.
  • The 15-year fixed-rate mortgage averaged 5.79%, down from last week when it averaged 5.84%. A year ago at this time, the 15-year FRM averaged 5.80%.

Information provided by Freddie Mac.

Posted in Interest Rates |
Monday, June 29th, 2026
Posted in Listings and Pendings |
Monday, June 29th, 2026
Posted in Inventory |
Monday, June 29th, 2026
For Week Ending June 20, 2026

The typical U.S. household spends $39,468 per year on bills, or $3,289 per month, accounting for approximately 47% of annual income, according to doxo’s 2026 U.S. Household Bill Pay Report. Of this total, $24,997 is spent on the 13 most essential household expenses, including housing, utilities, and auto loans. Housing remains the single largest expense category, with mortgage payments totaling $1.08 trillion annually.

In the Twin Cities region, for the week ending June 20:

  • New Listings increased 7.0% to 1,656
  • Pending Sales increased 8.7% to 1,142
  • Inventory increased 6.7% to 11,120

For the month of May:

  • Median Sales Price increased 1.2% to $399,900
  • Days on Market increased 2.3% to 45
  • Percent of Original List Price Received decreased 0.3% to 99.7%
  • Months Supply of Homes For Sale increased 3.7% to 2.8

All comparisons are to 2025

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Posted in Weekly Report |