Despite high interest rates, buying a home is more affordable as housing market cools

Econ & Housing

MINNEAPOLIS — After two years of almost non-stop growth, Minnesota’s housing market is finally cooling off.The new October housing report from Minnesota Realtors shows home sales down 31% compared to last year. WCCO’s Allen Henry spoke to local agents who say the drop isn’t necessarily a bad thing, just a return to normalcy.Shelly Montbriand Pomonis became…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
ICE Air a one-way ticket for illegal immigrant deportees
Lumber prices rise as US housing construction jumps in February
Mountain forests disappearing at alarming rate, says study
FOREST INK: Changes to B.C. forest policy signal new approach to management
Stocks rise to recover much of steep loss from day before