September home sales in Minnesota are not as strong as the “banner” fall-into-winter season one year ago,  but they’re still above the long-term average.   Chris Galler with the industry group Minnesota Realtors says the persistent problem is low inventory of properties for sale:

“We have more buyers looking for homes than we have sellers able to put ’em up, and that’s driven the median home price up another 10 percent last month.”

But Galler says as long as interest rates stay low and there’s not a recession, he doesn’t expect buyers being priced out of the market.