Market Information

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

November Hot Sheet

Posted on December 2, 2014
INSIDE: Single-family housing production in October reached its highest level since November 2013. "The rise in single-family starts is more proof that the economy is firming and consumer confidence is growing. We expect continued upward momentum into next year.”
Posted in General, Market Information | Tagged November Hot Sheet, Hot Sheet, BATC Hot Sheet, Housing Data, Twin Cities Housing Market

Slight Rise for Twin Cities Residential Construction in November, 2014

Posted on November 26, 2014
Roseville, MN (November 26, 2014) – Several multi-family projects permitted in November 2014 helped the monthly units surpass November of 2013 totals by 34 percent. While the year-to-date units remain behind 2013, November’s activity more than halved the lag to just two percent.
Posted in BATC News, General, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Housing permits, Shawn Nelson

October Hot Sheet

Posted on November 3, 2014
"Most remodelers remain confident that the market is improving as home owners undertake renovations, large and small. The consistency and longevity of positive RMI readings are in line with the gradual recovery of the housing industry."
Posted in General, Market Information | Tagged October Hot Sheet, Hot Sheet, BATC Hot Sheet, BATC, Building Industry Data, Market Information, Twin Cities Building Stats

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