Market Information

Twin Cities Residential Construction Remains Steady in July 2015

Posted on July 29, 2015
Twin Cities’ residential construction continued its somewhat lackluster performance during July. While single-family permits were up 3.6 percent when compared to July 2014, year to date remains down by a bit over one percent.
Posted in BATC News, Market Information | Tagged Residential Building Permits, Twin Cities Housing Market, Chris Contreras

July Hot Sheet

Posted on July 1, 2015
“After a strong April, some readjustment in housing production in May was expected, the starts and permits figures for the second quarter of 2015 are shaping up to be stronger than the first.
Posted in BATC News, Market Information | Tagged July Hot Sheet, Builders Association of the Twin Cities, Housing Data Twin Cities, Home Building Industry

Twin Cities See a Boost in Residential Construction in June

Posted on June 24, 2015
Roseville, MN (June 24, 2015) – After a slow start to the year, Twin Cities residential construction picked up in June. Single-family permits were up 12 percent when compared to June 2014, while multi-family permits were up 55 percent from this time last year.
Posted in BATC News, Market Information | Tagged BATC, Twin Cities Building Stats, Twin Cities Housing Market, Housing Economy, Building Industry Data

June Hot Sheet

Posted on June 3, 2015
“The April gains make up for the production dips we saw in the past two months, but single-family housing is still only about halfway back to what could be considered a normal market, with low interest rates and affordable home prices, we expect more upward momentum in the months ahead.” - NA
Posted in Market Information | Tagged June Hot Sheet, Building Industry, Building Industry Data, Twin Cities, MSP

Twin Cities Single Family Construction Remains Slow and Steady

Posted on May 28, 2015
Roseville, MN (May 28, 2015) – For the third month in a row residential construction failed to beat the previous year’s numbers. Single-family permits were down 12 percent when compared to May 2014, while multi-family permits were down 15 percent from this time last year.
Posted in Market Information | Tagged Twin Cities Housing Market, BATC, Permit Data, Residential Construction Permits

Twin Cities Single Family Construction Remains Flat in April

Posted on May 1, 2015
Roseville, MN (May 1, 2015) – New home construction in the Twin Cities has yet to see the growth economists had predicted it would see in 2015. Single-family permits were exactly the same as April 2014, while multi-family permits were down by nearly 20 percent from this time last year.
Posted in Market Information | Tagged Twin Cities Housing Market, BATC

May Hot Sheet

Posted on May 1, 2015
“Builders are being careful not to add inventory beyond expected demand, especially as they struggle with increasing costs for lots, labor and materials.
Posted in General, Market Information | Tagged May Hot Sheet, Hot Sheet, Industry Data, Building Industry, Minneapolis, MSP

Remodeling Business is Growing According to Twin Cities Top 5 Remodeler Rankings

Posted on April 29, 2015
Roseville, MN (April 28, 2015) – Results from a recent survey by the Builders Association of the Twin Cities (BATC) show that PCS Residential, located in Eagan, was the region’s top ranked remodeler in 2014. PCS Residential reported gross revenue at $14.2 million in the 2014 calendar year.
Posted in BATC News, Market Information | Tagged Top 5 Remodelers List, BATC, Twin Cities Remodelers

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

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