Metropolitan Statistical Area (MSA):

St. Joseph, MO-KS

St. Joseph, MO-KS is a Metropolitan Statistical Area (MSA) comprising counties including .

Housing Market Trends in the St. Joseph, MO-KS Metropolitan Statistical Area

There is no doubt that the St. Joseph, MO-KS metropolitan statistical area (MSA) has seen some ups and downs in the housing market over the past few years. However, there are some definite trends that have emerged in recent months that suggest that the market is on an upswing.

One of the most notable trends is the increasing number of homes being sold. In fact, according to data from the National Association of Realtors, sales of existing homes in the MSA were up a whopping 9.4% in March 2018 compared to March 2017. This is a clear indication that more and more people are confident in the housing market and are ready to make a purchase.

Another trend that is becoming increasingly evident is rising prices. Home prices in the MSA have been on the rise for several months now, and they don't appear to be slowing down anytime soon. This is good news for sellers, as it means they can expect to get top dollar for their property. However, it may not be so great for buyers who are already stretched thin financially.

Finally, another positive trend emerging in the MSA housing market is increased construction activity. This is likely due to both rising home prices and increased demand from buyers who are looking for new construction homes rather than existing ones. Either way, this trend is good news for those involved in the real estate industry as it indicates a growing market with plenty of opportunity for growth.

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