Final Twin Cities home sale report: 2012 was a good year compared to 2011

There was a 17 percent increase in home sale activity in the Twin Cities in 2012 compared to 2011, according to year-end data released by the Minneapolis Area Association of Realtors.

Some of the highlights of the annual figures include:

Last year buyers purchased 48,641 homes in the Twin Cities, up 16.9 percent from 2011 and the highest figure since 2006.The 11,875 homes on the market for sale at the end of 2012 was down 32 percent from the same time a year earlier to a 10-year low.The supply…

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