Home sales in Minneapolis lags nationby Cathy Wurzer, Minnesota Public Radio
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.
- Morning Edition, 08/25/2010, 7:20 a.m.