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January home sales surge in Twin Cities

The 13-county metropolitan area had more than 3100 purchase agreements signed in January. The Pioneer Press reports that's a 25 percent increase compared to last January. The Minneapolis Area Association of Realtors credits record-low mortgage rates, home prices and the mild winter weather for the highest January numbers since 2005.
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The 13-county metropolitan area had more than 3100 purchase agreements signed in January. The Pioneer Press reports that's a 25 percent increase compared to last January. The Minneapolis Area Association of Realtors credits record-low mortgage rates, home prices and the mild winter weather for the highest January numbers since 2005.

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