Minneapolis housing price bounce is the highest among 20 markets

Good news for the local real estate market (unless you are just looking to buy): Minneapolis housing prices jumped 3.7 percent from June to July, according to the closely watched monthly S&P Case-Shiller index. Of the 20 major metros in the index, Minneapolis had the biggest monthly rise. And prices are up 6.4 percent from last year.
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Good news for the local real estate market (unless you are just looking to buy): Minneapolis housing prices jumped 3.7 percent from June to July, according to the closely watched monthly S&P Case-Shiller index.

Of the 20 major metros in the index, Minneapolis had the biggest monthly rise, according to the survey. And prices are up 6.4 percent from last year.

Home prices in all 20 markets rose in July, and it's one of a number of signs the housing market is slowly recovering nationwide, USA Today reports.

Wall Street liked the news early Tuesday:

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Minneapolis housing prices increase

Good news for the housing market: The S&P/Case-Shiller home price index rose 2.2 percent in May, beating economists' forecasts, as all 20 of the nation's largest metropolitan areas posted gains from April. And 12 of the 20 cities had higher prices than they did a year ago, suggesting that the improvement is durable, the report said. In Minneapolis, housing prices were up 3.1 percent from April, and up 4.7 percent from last year.

Home prices continue to rise, Minneapolis among leaders

U.S. Home prices rose in June in all of the 20 cities tracked, according to the Standard & Poor's/Case-Shiller index. Minneapolis recorded one of the biggest one-month gains -- up 4.8 percent from May and 5.7 percent from June 2011.

Home prices fall sharply; Minneapolis among cities seeing biggest decline

Home prices in most major cities across the country fell for the second straight month, according to the Standard & Poor's/Case Shiller index. The Associated Press says the data reflects the usual fall slowdown after the peak buying season.

Twin Cities housing market slowly improving

On a seasonally adjusted basis, the national S&P Case-Shiller index shows home prices in the Twin Cities jumped 1.3 percent from March to April, following a 0.8 percent gain from February to March. Prices were up 3.8 percent compared to April of last year.

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. MPR notes the Twin Cities housing market has seen year-over-year gains in home prices every month since February.