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.
The 25 Best Places to Live in Minnesota
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.