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Cathy Wurzer

Farrell: Twin Cities housing market "repairing"

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A sold sign adorns the front yard of a St. Paul home.
MPR Photo/Laura Gill

MPR chief economics correspondent Chris Farrell expects to see more evidence that the Twin Cities housing market is "repairing" when the National Association of Realtors releases data on existing home sales Tuesday.

"Much of the activity has been in the lower end of the market," Farrell told MPR's Cathy Wurzer. "So, If you take a step back, I would expect a story that would say no big price increases, continued repair in the housing market."

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A sold sign adorns the front yard of a St. Paul home.
MPR Photo/Laura Gill