The gradual increase in demand for city living is having an impact on home
prices. Benefiting the most from property price appreciation over the past
five years are the core cities of Minneapolis and St. Paul. Next in line are
some of the developing ex-urban areas and most of the first ring suburban
communities.

Downtown Minneapolis Market remains dynamic. The combination of attractive
new developments and demographic shift seeing "baby boomers", empty nesters
seeking urban living opposed to suburbs.

This contributes to the commercial success of lofts in the North loop
(Warehouse district) and Mill Ruins areas. Also latest High Rise projects
like "The Carlyle" and the "Yvy Tower" have seen a strong interest from
buyers. Both have seen over 90% of units reserved within the first two days
of availibilty.

With a booming entertainment district circling Block E and a "Renaissance"
of the Mississippi River banks, Downtown Minneapolis offers to date its best
growth, leaving room yet for more affordable real estate.
Projects to come...

Uptown Minneapolis shows a remaining interest for 'condo conversions". With
yet a limited offer and continuously growing demand. Linden Hills
neighborhood of Southwest Minneapolis has successfully joined the pack of
conversion developments

Information obtained from:
http://realtytimes.com/rtmcrcond/Minnesota~Minneapolis~stephanecattelin