Monthly Archives: November 2013

Twin Cities Residential Construction on Pace to reach nearly 10,000 units in 2013.

Posted on November 27, 2013
Despite a nearly 50 percent drop in planned units from November 2012 to November 2013, overall, residential construction in the region remains quite stable. The reduction can be attributed to fewer multi-family units permitted, as single-family homes were up by four percent for the same period.
Posted in BATC News, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Housing permits, Pamela Belz

October Hot Sheet

Posted on November 1, 2013
“A spike in mortgage interest rates along with the paralysis in Washington that led to the government shutdown and uncertainty regarding the nation’s debt limit have caused builders and consumers to take pause.
Posted in General, Market Information | Tagged October Hot Sheet 2013, Hot Sheet, Building Industry Hot Sheet, BATC, BATC Hot Sheet, Housing Market