Twin Cities home prices up 10 percent

Twin Cities home prices climbed 10 percent over the year ending in September, according to the widely followed S&P/Case-Shiller index.

The broader 20-city index enjoyed a slightly larger gain with a boost from several western cities in the index, like Las Vegas and San Francisco. They posted annual price gains topping 25 percent.

Case-Shiller is one of several monthly reports tracking home prices in the Twin Cities. It lags reports from local realtor groups by two months and uses a different methodology.

Gain a Better Understanding of Today

MPR News is not just a listener supported source of information, it's a resource where listeners are supported. We take you beyond the headlines to the world we share in Minnesota. Become a sustainer today to fuel MPR News all year long.