Twin Cities home prices continue to climb
Tuesday, June 12, 2012
Minnesota Public Radio reports that the Twin Cities housing market is continuing to improve, showing a third consecutive month of price gains. The median price, the story says, reached $169,000 in May, a gain of about 11 percent from the previous May. Herb Tousley, director of the Opus College of Business' Shenehon Center for Real Estate, was cautiously upbeat. "We've certainly started in the right direction," he said. "I don't think I'd call it a full recovery yet. But it certainly is a good start."
Originally published: 06/12/2012, Minnesota Public Radio