| Follow Us: Facebook Twitter Youtube RSS Feed


Construction magazine predicts health for Twin Cities housing market

Home construction magazine Builder released its bi-annual projections about the nation's healthiest housing markets, and predicted that the Twin Cities is due for an upswing.
The report compiles the metrics that drive housing production, such as jobs, price appreciation, population growth, and income growth.
Minneapolis and St. Paul topped the list of 20 healthy housing areas, and Builder noted that home prices in the metro, which dropped in the first half of 2011, are expected to rise eight percent next year, the highest rate among the 100 largest housing markets.
Other major housing factors are expected growth in employment and a rebound in building permits.
Signup for Email Alerts
Signup for Email Alerts