Housing Market Improves In October



  --  Some solid gains for the state's housing market in October.  Pending sales were up 17 percent, closed sales rose eight percent and the median sale price increased nine-and-a-half percent.  Chris Galler of the Minnesota Association of Realtors says last month was better than expected, showing that the economy and consumers "are actually picking up some steam and a lot of confidence."  Galler says October is traditionally a slower month for home sales in Minnesota.  New listings declined by nearly two percent as there were fewer distressed properties on the market.

�MNN
Filed Under :  
Topics : Business_Finance
Social :
Locations : Minnesota
People : Chris Galler
A   A   A