Market Information

The March Hot Sheet

Posted on March 22, 2017
INSIDE THE MARCH HOT SHEET “Some pull back in housing production is unsurprising after an overly strong multifamily reading last month. As we move forward in 2017, we can expect the multifamily sector to continue to stabilize and
Posted in BATC News, Market Information | Tagged 2017 hot sheet, Twin Cities Housing Market, Housing Economy, Builders Aociation of the Twin Cities

Residential Construction Continues to Pick up the Pace in February

Posted on February 28, 2017
Roseville, MN (February 28, 2017) – With housing inventory at a 14-year record low, Twin Cities residential construction continues to gather steam. February total units rose a remarkable 93 percent over this month last year, while permits were up 18 percent over February 2016.
Posted in BATC News, Market Information | Tagged february permit data, Housing Data Twin Cities, Permit Data, Twin Cities Housing Market

February Hot Sheet

Posted on February 28, 2017
INSIDE THE FEBRUARY HOT SHEET  “While the growth we’ve seen in 2016 is promising we also know that we are still below what’s considered normal levels for residential construction, Our efforts at the capitol in 2017 will feature
Posted in BATC News, Market Information | Tagged February Hot Sheet, Twin Cities Housing Market, Housing Data Twin Cities

Twin Cities Residential Construction Starts Strong in 2017

Posted on January 26, 2017
Coming off of a strong 2016, residential construction continued to grow for the first month of the new year.
Posted in BATC News, Market Information | Tagged Twin Cities Housing Market, Residential Building Permits

January 2017 Hot Sheet

Posted on January 18, 2017
INSIDE THE JANUARY HOT SHEET “Residential construction is an integral part of our economy, with the fastest growing in employment in 2016. While we are optimistic, we are still concerned with several factors that are holding housing
Posted in BATC News, Market Information | Tagged January Hot Sheet, Twin Cities Market Information, Housing Data, Housing Economy

2016 Marks Best Year for Residential Construction in a Decade

Posted on December 27, 2016
Continued growth in single-family construction in 2016 pushed the Twin Cities residential construction permit numbers to a high we haven’t seen since 2006. For the year total permits were up 11 percent over last year, while total units were up just one percent from 2015.
Posted in BATC News, Market Information | Tagged December Permit Numbers, Twin Cities Housing Market, 2016 Housing Market, Residential Building Permits

December Hot Sheet

Posted on December 13, 2016
INSIDE THE DECEMBER HOT SHEET The residential construction permit numbers continue to show us that more families are looking to build new single-family homes. With all of the right ingredients in place we expect to see continued growth in
Posted in BATC News, Market Information | Tagged December Hot Sheet, Housing Market, Market Data, Residential Building Permits

New Construction Closes Out Year with Surge in Single-Family Homes

Posted on November 29, 2016
Roseville, MN (October 26, 2016) –The Twin Cities are on pace for the largest single-family construction growth since 2013. For the third month in a row, single-family activity increased by over 20 percent from 2015.
Posted in Market Information | Tagged november permit data, Housing Data Twin Cities, Twin Cities Market Information, Residential Building Permits

November Hot Sheet

Posted on November 14, 2016
INSIDE THE NOVEMBER HOT SHEET “House prices continue to show the strongest recovery among the LMI components, with 327 markets, or 97 percent, returning to or exceeding their last normal levels. Meanwhile, 92 metros have reached or
Posted in Market Information | Tagged November Hot Sheet, Housing Market, Market Data, Housing Economy, Residential Building Permits

Twin Cities Single-Family Construction Remains Strong

Posted on October 26, 2016
The Twin Cities residential construction market continues to see a sharp increase in single-family production.
Posted in BATC News, Market Information

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