The housing market continues to see some pricing increases in 2014, but the market continues to stabilize with slightly increasing listings and decreasing sales. The average sales price year to date in 2014 has increased 8.8% to 250K. Closed sales are down 9% from last year and new listings are up 4% so far in 2014. For sellers this means that there is increased competition from an increasing supply of homes and for buyers this means that they will have a larger inventory pool to choose from, although only minimally. Currently, in the end of August, Minneapolis, St. Paul, and the surrounding areas in the Twin Cities continue to see high activity levels, although there are the typical quiet, then active times, due to the Minnesota State Fair, vacations, and families getting ready for school to start. For complete details on the Twin Cities real estate market through July, please go to SPAAR, St. Paul Area Association of Realtor's latest report http://www.spaar.com/statistics/MMI/2014/SPAAR_MMI_2014-07.pdf .