Market Information

Twin Cities Homebuilders Increase Townhome Production

Posted on October 26, 2017
Roseville, Minn. (Oct. 26, 2017) – Multi-family construction spiked upwards from this time last year, with 670 permitted units, up 69 percent from October of last year.
Posted in BATC News, Market Information | Tagged Twin Cities Building Stats, Permit Data, Twin Cities Housing Market, Residential Building Permits

Twin Cities Residential Construction Permits Remains At 10-Year High

Posted on September 27, 2017
Coming off its best summer since 2006, the Twin Cities saw continued growth in new home permits in September. The number of residential building permits pulled in September soared 14.25 percent to 601 units compared to 526 in 2016.
Posted in BATC News, General, Market Information | Tagged BATC, Residential Housing permits, Twin Cities New Homes

The September Hot Sheet

Posted on September 22, 2017
INSIDE THE SEPTEMBER HOT SHEET “For new construction to meet the current demand for single-family housing, we need to address the growing workforce challenge." -- David Siegel, Housing First Minnesota Executive Director
Posted in BATC News, Market Information | Tagged 2017 hot sheet, The September Hot Sheet, Housing Data Twin Cities, Housing Market

Twin Cities Single-Family Construction Rises in August

Posted on August 30, 2017
The Twin Cities saw an uptick in new home permits in August, following a slight dip in July. The number of single-family permits pulled this month grew 17 percent compared to August 2016.
Posted in BATC News, Market Information | Tagged Housing First Minnesota, Twin Cities Permit Data, Twin Cities Housing Market

The August Hot Sheet

Posted on August 16, 2017
INSIDE THE AUGUST HOT SHEET “Builders would like nothing more than to construct more affordable homes, but there are several factors pushing against market-based affordable housing including regulations and the increasing labor shortage."
Posted in BATC News, Market Information | Tagged The August Hot Sheet, 2017 hot sheet, Housing Data Twin Cities, Housing Market

Twin Cities Single-Family Construction Dips Slightly in July

Posted on July 27, 2017
After several months of increased growth, single-family construction slowed slightly in July. The number of single-family permits pulled for the month dipped by five percent compared to July 2016.
Posted in BATC News, Market Information | Tagged Housing First Minnesota, Twin Cities Permit Data, Twin Cities Housing Market

The July Hot Sheet

Posted on July 21, 2017
INSIDE THE JULY HOT SHEET “With the growth we’ve seen this spring, we expect this to be a strong summer for residential construction. A big concern of ours is the need for entry-level housing, and with our current regulatory environment
Posted in BATC News, Market Information | Tagged The July Hot Sheet, 2017 hot sheet, Housing Data Twin Cities, Twin Cities Housing Market

Twin Cities Residential Construction Permits Hit 10-Year High

Posted on June 29, 2017
Roseville, MN – Single-family construction surged ahead in June with a total of 612 permitted units. The last time Twin Cities home builders pulled more than 600 permits in a single month was in January of 2006. Multifamily construction slowed slightly in June with 385 permitted units.
Posted in Market Information | Tagged Twin Cities Permit Data, Twin Cities Housing Market, Single-family Construction, Residential Building Permits

The June Hot Sheet

Posted on June 28, 2017
INSIDE THE JUNE HOT SHEET “When homebuilders are active and homes are sold, our communities grow, jobs are created and our regional economy generates opportunity. However, builders are still concerned about housing a ordability due
Posted in BATC News, Market Information | Tagged June Hot Sheet, Twin Cities Housing Market, April Permit Numbers

Twin Cities Residential Construction Continues to Climb in May

Posted on May 31, 2017
Roseville, MN (May 31, 2017) - Although housing inventory continues to shrink, Twin Cities residential construction is moving full steam ahead with demand outpacing supply.
Posted in BATC News, Market Information | Tagged Twin Cities Residential Construction, Twin Cities Permit Numbers, May Permit Numbers, Minnesota Housing Market

Pages