For Week Ending February 3, 2024
U.S. single-family rent growth was up 2.7% year-over-year as of last measure, according to Corelogic’s January 2024 U.S. Single-Family Rent Index, keeping in line with the annual rate of growth recorded prior to the pandemic. Attached singlefamily rents increased 3.3% year-over-year, while detached single-family rents rose 2.3%. Nationally, rent growth was highest in the lower-priced rental tiers, climbing 2.9% year-over-year.
IN THE TWIN CITIES REGION, FOR THE WEEK ENDING FEBRUARY 3:
- New Listings increased 17.9% to 942
- Pending Sales increased 4.2% to 720
- Inventory increased 2.6% to 6,446
FOR THE MONTH OF DECEMBER:
- Median Sales Price increased increased 1.4% to $353,900
- Days on Market increased 2.0% to 51
- Percent of Original List Price Received increased 0.4% to 96.7%
- Months Supply of Homes For Sale increased 20.0% to 1.8
All comparisons are to 2023
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.