housing

Why Twin Cities home prices are still 'hot' amid cooling sales

Last year, home prices around the Twin Cities defied the decline in sales, rising to record highs.

In 2022, the number of home sales in the Twin Cities fell by double digits. Mortgage rates doubled in the final six months of the year. And yet housing prices around the metro area grew by double digits over the previous five-year average.

As homebuyers flock to suburbs, Lake Elmo becomes hottest market in Twin Cities area

The hottest city in the Twin Cities metro area for home buyers last year was also one of the most inconspicuous.

See where your city ranks in the Twin Cities area's hottest housing markets

Home buyers seeking more space made several outer-ring suburbs the hottest markets in 2022.

Local

Why does Minnesota have municipal liquor stores?

Valerie Castile is 'over the moon' about free school meals in Minnesota — and wants to help single moms

Brooks: Serving up cobbler and community in downtown Mpls.

Cadet with Minnesota ties is living her dad's West Point dream

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Sports

Baseball's dramatic new look: Faster games, more action, killing 'dead time'

Two in-state rivals both the same and different battle for Frozen Four berth

Albany tops Minnehaha Academy for first boys basketball state title

Anderson: Minnesota to Alaska by snowmobile? 'Three old guys' giving it a try

Business

Uptown might be coming back, but not in the way you'd expect

Ramstad: Something might finally happen with burned-out Third Precinct police station

Cub Foods CEO leaving to lead New Jersey-based food cooperative

Minnesota businesses fear the expense and expanse of paid family and medical leave bill

Opinion

Campaigns past and present reflect on Reagan's legacy

Ruling lets cameras, sunshine into courtrooms

Editorial cartoon: Trump indictment musical chairs

Readers Write: Rental housing, Social Security, Ukraine

Variety

Ukrainian family adapts to U.S. thanks to 'a very deep part of Minnesota culture'

Why Fox News' Greg Gutfeld is the king of late-night TV

Review: Minneapolis' Chloe by Vincent both pleases and perplexes

Twin Cities sisters tackle flood, fire and storm damage on HGTV's 'Renovation 911'

Comics

For Better or For Worse

Games

The Daily Sudoku

Spider Solitaire

Latest Columns

Kara McGuire

Rehousing grant qualifications

Do you qualify for a rehousing grant of up to $3,500?

Kara McGuire

Finding a home after foreclosure

Money is available to help families post-foreclosure, but many don't know about it.

Politics

McConnell leaves rehab facility after therapy for concussion

Minnesota legislators push task force to explore legalizing psychedelic medicine

What's passed and what's still to come at the Minnesota Legislature this year

Minnesota Sports and Events' $50 million funding request survives committee hearing

Nation

'There's nothing left': Deep South tornadoes kill 26

Officials: 2 dead, 5 missing in chocolate factory explosion

Idaho governor signs firing squad execution bill into law

Challenger wins close race to lead United Auto Workers union

World

Putin says Russia will station tactical nukes in Belarus

Canada pledges Great Lakes funding after Trudeau-Biden talks

Pope expands sex abuse law, reaffirms adults can be victims

Iran-backed fighters on alert in east Syria after US strikes

Curious Minnesota

Why does Minnesota have municipal liquor stores?

How important was the Iron Range to winning World War II?

Ask a question now: What are you curious about, Minnesota?

Listen: How a Twin Cities ammunition factory dominated by women helped U.S. win WWII

Celebs

Nicholas Lloyd Webber, son of famed composer, dies at 43

Protests erupt in NYC — not for Trump but for 'The Joker'

Former 'Family Feud' contestant charged in wife's slaying

Mexican kid's comic Xavier López, 'Chabelo,' dies at 88

Inspired

'Isn't that cool?' White Bear Lake artist's autism helps shape his futuristic work

1,000 miles by fatbike: Duluth woman completes Iditarod odyssey

Ukrainian family adapts to U.S. thanks to 'a very deep part of Minnesota culture'

State's food shelves seek boost as demand rises to record

More Stories

Heavily indebted Chinese developer proposes restructuring

A Chinese real estate developer whose struggle to manage more than $300 billion in debt rattled global financial markets announced a long-awaited plan Thursday to restructure what it owes to foreign bondholders.

Millennial Money: Is being a landlord worth it?

for those who can afford it. But in recent years, trends such as house flipping, ''house hacking'' (living in one room of a property while renting out the others) and short-term vacation rentals have made real estate investment much more accessible, especially for millennials seeking a second income stream in an uncertain economy.

In low-wage Portugal, Europe's housing crisis bites deep

Like a growing number of people in Portugal, Georgina Simoes no longer earns enough money to afford a place to live.

Despite market slump, high rates dim homebuyer affordability

Homeownership is likely to remain a pipe dream for many Americans this spring homebuying season.

Looking for an affordable starter home in the Twin Cities area? Good luck

Years of record price gains have fueled the demise of the $300,000 starter house, making houses in every price range more expensive.

Boston council passes proposal aimed at tackling rising rent

The Boston City Council on Wednesday overwhelmingly approved a proposal from the mayor to cap rent prices as part of an effort to address rising housing costs and prevent homelessness.

Chinese planners promise 12 million jobs, economic rebound

Chinese economic officials expressed confidence Monday they can meet this year's growth target of ''around 5%'' by generating 12 million new jobs and encouraging consumer spending following the end of anti-virus controls that kept millions of people at home.

China sets this year's economic growth target at 'around 5%'

China's government announced plans for a consumer-led revival of the struggling economy as its legislature opened a session Sunday that will tighten President Xi Jinping's control over business and society.

These were the hottest neighborhoods for homebuyers in Mpls. and St. Paul in 2022

Homes in Minneapolis and St. Paul's hottest neighborhoods last year sold quickly, fetched top dollar and have been especially popular because they have a sense of community coveted by many urban buyers.

Affordable rental housing is being built at a record pace in Minneapolis

Boom is the result of hundreds of millions in public funding and "almost infinite" demand.

Housing and Real Estate

Housing and real estate news in Minneapolis, St. Paul, suburban Twin Cities and Minnesota, plus rental information, foreclosure listings and real estate classified advertising.