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.
Mortgage Rates Average 6.52%
June 11, 2026
The 30-year fixed-rate mortgage averaged 6.52% this week. Stronger employment momentum has helped existing home sales reach a five-month high. Importantly, homebuyers are looking past the short-term rate fluctuations and actively entering the market, signaling renewed confidence in homeownership opportunities.
- The 30-year fixed-rate mortgage averaged 6.52% as of June 11, 2026, up from last week when it averaged 6.48%. A year ago at this time, the 30-year FRM averaged 6.84%.
- The 15-year fixed-rate mortgage averaged 5.84%, up from last week when it averaged 5.79%. A year ago at this time, the 15-year FRM averaged 5.97%.
Information provided by Freddie Mac.
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.
