Market Information

Twin Cities Single Family Construction Remains Flat in April

Posted on May 1, 2015
Roseville, MN (May 1, 2015) – New home construction in the Twin Cities has yet to see the growth economists had predicted it would see in 2015. Single-family permits were exactly the same as April 2014, while multi-family permits were down by nearly 20 percent from this time last year.
Posted in Market Information | Tagged Twin Cities Housing Market, BATC

May Hot Sheet

Posted on May 1, 2015
“Builders are being careful not to add inventory beyond expected demand, especially as they struggle with increasing costs for lots, labor and materials.
Posted in General, Market Information | Tagged May Hot Sheet, Hot Sheet, Industry Data, Building Industry, Minneapolis, MSP

Remodeling Business is Growing According to Twin Cities Top 5 Remodeler Rankings

Posted on April 29, 2015
Roseville, MN (April 28, 2015) – Results from a recent survey by the Builders Association of the Twin Cities (BATC) show that PCS Residential, located in Eagan, was the region’s top ranked remodeler in 2014. PCS Residential reported gross revenue at $14.2 million in the 2014 calendar year.
Posted in BATC News, Market Information | Tagged Top 5 Remodelers List, BATC, Twin Cities Remodelers

Single Family Construction Dipped in March while Multi-Family Construction Picked up

Posted on March 25, 2015
Roseville, MN (March 25, 2015) – As feared, single-family construction slowed this month, after a slight peak in February as many rushed to get permits filed before the new building code took effect.
Posted in Market Information | Tagged Builders Association of the Twin Cities, Housing Data Twin Cities, Housing Economy, Housing Industry

Lennar Stays on Top of the Twin Cities Top 25 Builder Rankings

Posted on March 19, 2015
Roseville, MN (March 19, 2015) – Results from a recent survey by the Builders Association of the Twin Cities (BATC) show that Lennar - Minneapolis/St. Paul was the region’s top ranked builder once again in 2014. Lennar has held the top spot since 2006.
Posted in BATC News, Market Information | Tagged BATC, Top 25 Builders List, Builders Association of the Twin Cities, Lennar, Housing Industry Data

Single Family Permits Spike in Rush to Avoid Code Changes

Posted on February 26, 2015
Roseville, MN (February 26, 2015) – As expected, there was a spike in residential construction permits as many rushed to beat the new residential building codes taking effect over the past several weeks.
Posted in BATC News, Market Information | Tagged BATC, Housing Data Twin Cities, Housing Market, Housing Regulation, Chris Contreras

Huge Demand For Residential Construction Workers

Posted on February 6, 2015
200 Job Openings from 20 Businesses at a Construction Job Fair at Mall of America
Posted in BATC News, Market Information | Tagged Builders Association of the Twin Cities, Construction Jobs, Job Fair

Slow Start to 2015 for Twin Cities Residential Construction

Posted on January 30, 2015
Roseville, MN (January 30, 2015)–Residential construction activity has not started the year as strong as builders had hoped. Compared to January 2014 permits are down 13 percent, there was also a 50 percent decrease in number of units, mainly due to a decrease in large multifamily projects.
Posted in BATC News, Market Information | Tagged BATC, Housing Industry Data, Builders Association of the Twin Cities, Chris Contreras

December Hot Sheet

Posted on January 5, 2015
INSIDE THIS ISSUE: Slight Rise for Twin Cities Residential Construction "Several multi-family projects permitted in November 2014 helped the monthly units surpass November of 2013 totals by 34 percent.
Posted in General, Market Information | Tagged Hot Sheet, Housing Industry Data

Twin Cities Residential Construction Levels Off as Year Ends

Posted on December 29, 2014
Roseville, MN (December 30, 2014) –Residential construction activity ended the year similarly to how it started. December saw an increase in permitted units compared to November, but overall units were down one percent compared to 2013.
Posted in BATC News, General, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Housing permits, Shawn Nelson

Pages