Skip to main content

Report: MPLS housing prices show gains in April/March

  • Author:
  • Updated:

In a sign of incremental economic recovery, monthly home prices have jumped in 19 of 20 U.S. cities, with Minneapolis seeing one of the biggest increases among major metro areas.

The Dow Jones report for the S&P/Case-Shiller Home Price Indices released Tuesday says Minneapolis home prices rose 2.9 percent in April/March, after a decline of 1.1 percent in March/February, to make it the biggest gainer over the three-month period in the survey.

"Compared to March 2013, thirteen cities showed improvement," the reports says, "with Minneapolis showing the largest change with a gain of 2.9% compared to its March return of -1.1%."

From March to April, home prices gained 2.6 percent and 2.5 percent for the top 10 and top 20 markets respectively, as CNBC reports. Average prices rose 11.6 percent and 12.1 percent in April from a year ago.

For Minneapolis, according to the report, that figure was 14.8 percent.

All 20 cities showed positive year-over-year returns for at least the fourth consecutive month, the report says. "Atlanta, Dallas, Detroit and Minneapolis posted their highest annual gains since the start of their respective indices."

This local real estate agent's blog is equally optimistic.

Next Up


Bloomington, Richfield districts tighten security ahead of weekend football

Enhanced safety measures will be in place this weekend.

Screen Shot 2022-09-30 at 2.23.15 PM

Walz sends MN first responders to help with hurricane recovery in Florida

Eight members of the Minnesota All Hazards Incident Management Team will travel to Florida.


It was the driest September in Twin Cities modern history

Less than a quarter inch of rain fell in September.

Jay James Olson

Sauk Rapids man pleads guilty to making, selling ghost guns

The 21-year-old would sell unserialized guns, silencers, auto-sears, and high-capacity magazines.

Pixabay - gray squirrel

Squirrel blamed for Friday power outage impacting over 5,000 homes

There's no telling when or where the squirrels will strike next.

Screen Shot 2022-09-30 at 8.11.55 AM

Seattle man federally indicted in massive Bloomington fentanyl bust

The case is believed to represent the largest fentanyl bust in the Midwest.

Screen Shot 2022-09-30 at 9.27.53 AM

Nicollet Diner to launch new, expanded home with a drag show

The new location will still feature the diner's classic offerings, as well as a new cabaret venue and cocktail lounge.

police tape, crime scene

Woman found dead at Minneapolis home was stabbed multiple times

LaTiffany Altanette Lessley was found dead in a north Minneapolis home Tuesday.

Screen Shot 2022-09-29 at 4.48.45 PM

Bloomington PD announce what's likely 'largest fentanyl bust in Midwest'

The case is under investigation by the U.S. Attorney's Office.