Home Price Sales Pair Counts for Minneapolis, Minnesota
MNXRPSNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,911.00
Year-over-Year Change
7.65%
Date Range
1/1/1989 - 5/1/2025
Summary
The Home Price Sales Pair Counts for Minneapolis, Minnesota tracks the number of residential property transactions in the Minneapolis metropolitan area. This metric provides insights into the local housing market and can inform economic policy decisions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the number of residential property sales pairs, or transactions, recorded in the Minneapolis, Minnesota metropolitan statistical area. It is an important indicator of housing market activity and can be used to analyze trends in local real estate.
Methodology
The data is collected from recorded property sales and transaction records in the Minneapolis metro region.
Historical Context
This metric is widely used by real estate analysts, economists, and policymakers to monitor the health of the local housing market.
Key Facts
- Minneapolis home sales pairs peaked in 2005 at over 50,000 transactions.
- Home sales volumes declined sharply during the 2008 financial crisis.
- Residential property transactions in Minneapolis have gradually recovered since the late 2000s.
FAQs
Q: What does this economic trend measure?
A: The Home Price Sales Pair Counts for Minneapolis, Minnesota tracks the number of residential property transactions in the Minneapolis metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the local housing market and can inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected from recorded property sales and transaction records in the Minneapolis metro region.
Q: How is this trend used in economic policy?
A: This metric is widely used by real estate analysts, economists, and policymakers to monitor the health of the local housing market.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting lags for real estate transactions.
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Citation
U.S. Federal Reserve, Home Price Sales Pair Counts for Minneapolis, Minnesota (MNXRPSNSA), retrieved from FRED.