Market Information

Lennar Once Again was Twin Cities’ top-volume Residential builder in 2013

Posted on March 26, 2014
Roseville, MN (March 26, 2014) – 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 2013. Lennar has held the top spot since 2006.
Posted in BATC News, Market Information | Tagged BATC, Builders Association of the Twin Cities, Top 25 Builders List, Lennar, Bill Burgess, Pulte Homes of Minnesota, Ryland Homes, D.R. Horton Inc. - Minnesota, Mattamy Homes

Twin Cities Residential Construction Remains Steady

Posted on March 26, 2014
In contrast to the weather this March, local builders kept the residential housing market on a stable track. The month remained virtually unchanged in single-family permitting, but did see an eight percent drop in total units from March 2012, all from the more volatile multi-family market.
Posted in BATC News, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Housing permits, Shawn Nelson

February Hot Sheet

Posted on March 3, 2014
"Cold weather clearly put a chill on new home construction last month and this is also reflected in our latest builder confidence survey. Further, builders continue to face other obstacles, including rising materials prices and a lack of buildable lots and labor."
Posted in General, Market Information | Tagged February Hot Sheet, Hot Sheet, Building Industry Hot Sheet

Twin Cities Residential Construction Continues Apace

Posted on February 27, 2014
Roseville, MN (February 27, 2014) – While snow and cold continued to dampen spirits in Minnesota throughout February, residential construction permit activity remained relatively strong.
Posted in BATC News, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Housing permits

2014 Starts Strong for Twin Cities Residential Construction

Posted on January 30, 2014
Continuing on the growth trend set in 2013, the Minneapolis/St. Paul region had strong residential permit activity this January. Builders pulled 15 percent more permits for 51 percent more units in January 2014 than they did in January 2013.
Posted in BATC News, Market Information | Tagged BATC, Residential Housing permits, Shawn Nelson

December Hot Sheet

Posted on January 6, 2014
“Single-family and multifamily starts are at fiveyear highs, providing additional evidence that the recovery is here to stay. We hit a soft spot this fall when interest rates jumped and the government closed down, but mortgage rates still remain very
Posted in BATC News, General, Market Information | Tagged December Hot Sheet, Hot Sheet, BATC Hot Sheet, Industry News, Building Industry, Twin Cities Building Market

Twin Cities Residential Construction Surpasses 10,000 units in 2013, a First Since 2006

Posted on December 26, 2013
For the first time since 2006, the Twin Cities region permitted over 10,000 residential units this year, an increase of 14 percent over 2012. About half of the total permitted units were in multi-family dwellings, which was about four percent higher than in 2012.
Posted in BATC News, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Permits, New Home Construction, Pamela Belz

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

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