October 2, 2025
The 30-year fixed-rate mortgage increased again this week but remains below its 52-week average of 6.71%. The last few months have brought lower rates and as indicated by the recently reported increase in pending home sales, homebuyers are feeling more confident to get into the market.
Information provided by Freddie Mac.
For Week Ending September 20, 2025
The number of homes actively for sale increased for the 22nd consecutive month, rising 20.9% year-over-year in August, according to Realtor®.com’s August 2025 Monthly Housing Market Trends Report. At the same time, the national median list price declined 2.2% from the previous month to $429,990, with 20.3% of listings receiving price cuts as sellers responded to changing market conditions.
IN THE TWIN CITIES REGION, FOR THE WEEK ENDING SEPTEMBER 20:
FOR THE MONTH OF AUGUST:
All comparisons are to 2024
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.
September 25, 2025
Following several weeks of decline, mortgage rates inched up this week. Housing market activity continues to hold up with purchase and refinance applications increasing by 18% and 42%, respectively, compared to the same time last year.
Information provided by Freddie Mac.
For Week Ending September 13, 2025
In a rare shift for the U.S. housing market, new homes have become more affordable than existing homes. According to the U.S. Census Bureau, the median sales price of a new home was $403,800 in July, compared to $422,400 for an existing home. New-home prices have declined year-over-year for eight consecutive quarters, while existing-home prices have continued to rise.
IN THE TWIN CITIES REGION, FOR THE WEEK ENDING SEPTEMBER 13:
FOR THE MONTH OF AUGUST:
All comparisons are to 2024
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.