![Booming Twin Cities Housing Market Raises Concerns](http://townsquare.media/site/67/files/2020/06/House-Sold.jpg?w=980&q=75)
Booming Twin Cities Housing Market Raises Concerns
MINNEAPOLIS (AP) -- Home sales in the Twin Cities are soaring, even as sites to build homes are in short supply, the cost of materials is soaring, there’s a lack of skilled subcontractors and prices are going through the roof.
Reports say the median price of a new house in the Twin Cities has risen more than $4,000 each of the past three months. Builders are struggling to balance the surge in demand with volatile costs. Some are putting a lid on sales.
Buyers are being pitted against one another as builders devise unusual tactics aimed at limiting sales.
![AM 1240 WJON logo](https://townsquare.media/site/67/files/2021/11/attachment-wjonam-alexacard-big.jpg?w=100)
Get our free mobile app
The 25 Best Places to Live in Minnesota
Stacker compiled a list of the best places to live in Minnesota using data from Niche. Niche ranks places to live based on a variety of factors including cost of living, schools, health care, recreation, and weather. Cities, suburbs, and towns were included. Listings and images are from realtor.com.
On the list, there's a robust mix of offerings from great schools and nightlife to high walkability and public parks. Some areas have enjoyed rapid growth thanks to new businesses moving to the area, while others offer glimpses into area history with well-preserved architecture and museums. Keep reading to see if your hometown made the list.
More From AM 1240 WJON
![Shooting Death Marks First Homicide of Year in Minneapolis](http://townsquare.media/site/67/files/2019/01/Police.jpg?w=980&q=75)
![Baby Taken From Mother in Stolen Car Found Safe](http://townsquare.media/site/67/files/2019/12/Police-lights.jpg?w=980&q=75)
![St. Paul Teachers, Schools Enter Talks For New Contact](http://townsquare.media/site/241/files/2021/02/shutterstock_1746069446-scaled-e1598542685915.jpg?w=980&q=75)
![Crews Douse Fire at Federal Reserve Loading Dock](http://townsquare.media/site/67/files/2020/05/Fire1.jpg?w=980&q=75)
![St. Paul Man Dies Seven Days After Reporting Assault](http://townsquare.media/site/67/files/2019/02/Crime-tape.jpg?w=980&q=75)
![St. Anthony Police Investigating Man Found Dead as Homicide](http://townsquare.media/site/67/files/2019/02/Crime-tape.jpg?w=980&q=75)
![Minneapolis School Bus Drivers Say They’re Ready to Strike](http://townsquare.media/site/65/files/2021/09/attachment-maxim-lopez-bqfkKohIFYw-unsplash.jpg?w=980&q=75)
![Hennepin Medical Examiner Seeking to Identify Woman’s Body](http://townsquare.media/site/67/files/2021/09/attachment-GettyImages-1220495008.jpg?w=980&q=75)
![Minnesota Governor Tim Walz Departs for European Trade Mission](http://townsquare.media/site/67/files/2021/05/Tim-Walz1.jpg?w=980&q=75)