Home resale prices drop in Twin Cities
Go Deeper.
Create an account or log in to save stories.
Like this?
Thanks for liking this story! We have added it to a list of your favorite stories.
A four-month streak of rising resale prices for homes in the Twin Cities has ended. The Case Shiller survey tracks the resale price of homes in 20 metro area. In the Twin Cities in August, the resale price dropped .3%, according to the survey which was released this morning. The average resale price of a home is now about what it was in December 2008. The resale price, however, is 2.9% above what it was a year ago.
City |
Change from July |
Portland |
0.9% |
Detroit |
0.5% |
Cleveland |
0.3% |
New York |
0.2% |
Las Vegas |
0.1% |
Denver |
-0.1% |
Nationwide |
-0.2% |
San Francisco |
-0.3% |
Washington |
-0.3% |
Miami |
-0.3% |
Boston |
-0.3% |
Minneapolis |
-0.3% |
Los Angeles |
-0.4% |
Chicago |
-0.4% |
Charlotte |
-0.4% |
Tampa |
-0.5% |
San Diego |
-0.6% |
Atlanta |
-0.8% |
Seattle |
-0.8% |
Dallas |
-1.1% |
Phoenix |
-1.3% |
"Even saying the market is 'flat' is sugar-coating it," David Blitzer, who conducts the survey, said.
Turn Up Your Support
MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all.
