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.