Despite pandemic, Twin Cities housing market set records in 2020
Sales were up 7.7% in 2020 compared to the year before.
Author:
The housing market in the Twin Cities had a record-breaking year in 2020 despite there being a pandemic that left thousands of people out of work and a weeks-long stay at home order in what s usually the busiest time for the housing market.
In fact, the pandemic aided in the active housing market, the Minneapolis Area Association of Realtors and the St. Paul Area Association of Realtors said in a news release Tuesday. The pandemic forced people to work and learn from home, leading to people wanting more space.
On the Street: January 8
The Greater Alexandria Area Association of Realtors was one of 13 associations that participated in a statewide fundraiser. 8:00 am, Jan. 8, 2021 ×
Heather Ahrens, CEO of the Greater Alexandria Area Association of Realtors, and Brian Flaten, 2020 Association President, hold up a certificate for participation in a statewide giving campaign. (Contributed)
Realtor giving campaign raises more than $250,000
Realtor associations around Minnesota have collected over a quarter million dollars in donations for businesses that were damaged during civil unrest in Minneapolis and St. Paul last year.
Starting in June 2020, Minnesota Realtors Rebuilding Community spearheaded the effort to engage realtors on housing issues related to racial diversity, equity and inclusion.