Here's the latest from MAAR:
After a brief halt in the Twin Cities housing market caused by the snowfall deluge of early March, buyer and seller activity returned to levels that closely mirrored pre-storm market activity. For the week ending March 10, new listings were behind the same time last year by 5 percent and new purchase agreements (pending sales) were behind by 20 percent for the same year-over-year comparison. The total inventory of homes for sale continues to grow as we enter the active spring market, but its growth remains slower than seen in the frenzied spring ramp-ups of 2004 and 2005.
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