Record high showings the bright spot in April housing numbers

Posted by Dan Hollerman on Wednesday, May 27th, 2020 at 1:42pm.

 

According to new data from the Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, both buyer and seller activity was down in April, but the number of residential showings has reached a new high for the year.

Both new listings and pending purchase activity were down in April compared to a year ago, but the declines varied dramatically by price range. For homes priced between $350,000 and $500,000, for example, sellers listed just 7.8 percent fewer homes than last April. Homes priced over $1,000,000, however, saw a 44.9 percent decrease in new listings. New listings at the far-affordable end of the market also saw notable declines. Read more

Source Minneapolis Association of Realtors 

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