New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending June 13, 2026
The U.S. housing supply gap grew to an estimated 4.03 million homes in 2025, up from 3.8 million in 2024, according to Realtor®.com’s 2026 Housing Supply Gap Report. Last year, approximately 1.4 million households were formed, exceeding 1.36 million new housing starts. 2025 marked the third-largest annual deficit since 2012, behind only 2020 and 2023.
In the Twin Cities region, for the week ending June 13:
- New Listings increased 10.9% to 1,817
- Pending Sales increased 1.2% to 1,198
- Inventory increased 5.4% to 10,923
For the month of May:
- Median Sales Price increased 1.2% to $399,900
- Days on Market increased 2.3% to 45
- Percent of Original List Price Received decreased 0.3% to 99.7%
- Months Supply of Homes For Sale increased 3.7% to 2.8
All comparisons are to 2025
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.
Existing Home Sales
Mortgage Rates Decline
June 18, 2026
The 30-year fixed-rate mortgage decreased this week averaging 6.47%. Incoming data continues to reflect a resilient consumer, with retail sales improving and pending home sales strengthening, suggesting purchase demand is continuing to modestly improve.
- The 30-year fixed-rate mortgage averaged 6.47% as of June 18, 2026, down from last week when it averaged 6.52%. A year ago at this time, the 30-year FRM averaged 6.81%.
- The 15-year fixed-rate mortgage averaged 5.81%, down from last week when it averaged 5.84%. A year ago at this time, the 15-year FRM averaged 5.96%.
Information provided by Freddie Mac.
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending June 6, 2026
The U.S. median asking rent across the 50 largest metros dropped 1.7% from a year earlier to $1,673 in April, according to Realtor®.com, marking the 33rd consecutive month of year-over-year declines. Since peaking in August 2022, the median asking rent has declined 5.2% ($92), though it remains $254 higher than its pre-pandemic level in April 2019.
In the Twin Cities region, for the week ending June 6:
- New Listings increased 4.6% to 1,819
- Pending Sales increased 9.8% to 1,216
- Inventory increased 5.5% to 10,718
For the month of May:
- Median Sales Price increased 1.2% to $399,900
- Days on Market increased 2.3% to 45
- Percent of Original List Price Received decreased 0.3% to 99.7%
- Months Supply of Homes For Sale increased 3.7% to 2.8
All comparisons are to 2025
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.
