Home prices keep edging higher in the Twin Cities metro, Case-Shiller reports
New figures from the Standard & Poor's/Case-Shiller Home Price Index show Minneapolis-St. Paul area home prices jumped 7.4 percent in August, compared to the same month a year earlier. Nationally prices rose 2 percent from August 2011 levels.
Of the 20 major markets in the survey, Phoenix had the biggest monthly rise, Bloomberg reports.
MPR notes the Twin Cities housing market has seen year-over-year gains in home prices every month since February.