Market Information

2017 Marks Best Year in a Decade for Twin Cities Home Builders

Posted on December 27, 2017
Roseville, Minn. (Dec. 27, 2017) – Single-family construction ended the year on a high note, with a 36 percent increase in production over December 2016. Multi-family activity also had a very strong month with a 1,100 percent increase in units.
Posted in BATC News, Market Information | Tagged December Permit Numbers, 2017 Permit Numbers, Twin Cities Residential Construction, Twin Cities Housing Market

Renewed Surge in Residential Construction in November

Posted on November 30, 2017
Roseville, Minn. (Nov. 30, 2017) – After a flat October, Twin Cities home builders made up for it in November. The number of single-family permits pulled in November spiked to 586, increasing 30 percent over November last year.
Posted in BATC News, Market Information | Tagged Housing First Minnesota, Builders Association of the Twin Cities, Twin Cities Permit Data, Single-family Construction, Minnesota Housing Market, Twin Cities Housing Market

The November Hot Sheet

Posted on November 22, 2017
INSIDE THE NOVEMBER HOT SHEET The sharp rise in multi-family construction underscores the power of regulatory reform. Legislation encouraging homeownership, including cost protections for new-home buyers, will continue to be the top
Posted in BATC News, Market Information | Tagged The November Hot Sheet, Twin Cities Housing Data, Twin Cities Housing Market

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

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