Better days ahead for housing market

Better days ahead for housing market Click to Enlarge Photo:

Apr 28, 2014 at 7:43 am

ST. PAUL, Minn. (KNSI)  Minnesota's housing market is expected to improve this spring after a snowy, cold winter.

Closed and pending sales were both down in March.

Chris Galler of the Minnesota Association of Realtors says the median sales price increased five-point-three percent last month and gains have been consistent since February 2012.

Galler says we made up a lot of the ground that we lost since the housing bubble in 2008.

New listings were up three-and-a-half percent in March as ten-thousand homes went up for sale.

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