Home sales in Minneapolis lags nation
by Cathy Wurzer, Minnesota Public RadioAugust 25, 2010
The National Association of Realtors says sales of existing homes plunged in July to their lowest rate in 15 years -- dropping 27 percent from the year before. And the drop for the Twin Cities market was significantly larger than that. Home sales here fell a whopping 42 percent.
MPR's Cathy Wurzer spoke with Jeanne Boeh, the chair of the economics department at Augsburg college in Minneapolis.
