New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending May 30, 2026
U.S. housing starts fell 2.8% from the previous month to a seasonally adjusted annual rate of 1,465,000 units in April, the U.S. Census Bureau reported. Despite the monthly decline, starts were up 4.6% from one year earlier. Building permits rose 5.8% month-over-month to a seasonally adjusted annual rate of 1,442,000, while housing completions grew 4.8% to 1,449,000.
In the Twin Cities region, for the week ending May 30:
- New Listings increased 7.4% to 1,617
- Pending Sales increased 10.3% to 1,036
- Inventory increased 6.8% to 10,560
For the month of April:
- Median Sales Price decreased 2.1% to $391,500
- Days on Market increased 14.0% to 57
- Percent of Original List Price Received decreased 0.4% to 99.3%
- Months Supply of Homes For Sale increased 12.5% to 2.7
All comparisons are to 2025
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.
Mortgage Rates Decrease to 6.48%
June 4, 2026
The 30-year fixed-rate mortgage decreased to 6.48% this week. With mortgage rates in the mid-6% range and income growth outpacing home price growth, housing affordability is marginally improving.
- The 30-year fixed-rate mortgage averaged 6.48% as of June 4, 2026, down from last week when it averaged 6.53%. A year ago at this time, the 30-year FRM averaged 6.85
- The 15-year fixed-rate mortgage averaged 5.79%, down from last week when it averaged 5.87%. A year ago at this time, the 15-year FRM averaged 5.99%.
Information provided by Freddie Mac.
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending May 23, 2026
U.S. sales of new residential homes rose 7.4% month-over-month and 3.3% year-over-year to a seasonally adjusted annual rate of 682,000 in March, according to the U.S. Census Bureau. There were approximately 481,000 new homes for sale at the end of March, representing an 8.5-month supply at the current sales pace. The median new-home sales price was $387,400, down 6.2% from a year earlier.
In the Twin Cities region, for the week ending May 23:
- New Listings increased 9.1% to 1,586
- Pending Sales increased 7.2% to 1,257
- Inventory increased 5.9% to 10,480
For the month of April:
- Median Sales Price decreased 2.0% to $392,000
- Days on Market increased 14.0% to 57
- Percent of Original List Price Received decreased 0.4% to 99.3%
- Months Supply of Homes For Sale increased 8.3% to 2.7
All comparisons are to 2025
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.