Thursday, March 19th, 2026
Posted in Existing Home Sales |
Monday, March 16th, 2026
Posted in Listings and Pendings |
Monday, March 16th, 2026
Posted in Inventory |
Monday, March 16th, 2026
For Week Ending March 7, 2026

U.S. sales of new residential homes slipped 1.7% in December to a seasonally adjusted annual rate of 745,000, according to the U.S. Census Bureau. Despite the monthly decline, new-home sales were 3.8% higher compared with the same period one year earlier. There were an estimated 472,000 new homes for sale, representing a 7.6-month supply at the current sales pace.

In the Twin Cities region, for the week ending March 7:

  • New Listings increased at 1,486
  • Pending Sales increased 1.7% to 896
  • Inventory increased 3.1% to 7,959

For the month of February:

  • Median Sales Price remained flat at $380,000
  • Days on Market remained flat at 69
  • Percent of Original List Price Received decreased 0.3% to 97.4%
  • Months Supply of Homes For Sale remained flat at 2.1

All comparisons are to 2025

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

Posted in Weekly Report |
Thursday, March 12th, 2026
March 12, 2026

The 30-year fixed-rate mortgage returned to last month’s level of 6.11%. Despite the modest uptick, buyers are responding to rates in this range, with existing-home sales increasing 1.7% in February. Purchase applications also increased this week, a welcome sign as buyers enter spring homebuying season with rates down more than half a percentage point compared to the same time last year.

  • The 30-year fixed-rate mortgage averaged 6.11% as of March 12, 2026, up from last week when it averaged 6.00%. A year ago at this time, the 30-year FRM averaged 6.65%.
  • The 15-year fixed-rate mortgage averaged 5.50%, up from last week when it averaged 5.43%. A year ago at this time, the 15-year FRM averaged 5.80%.

Information provided by Freddie Mac.

Posted in Interest Rates |