Market Information

Lackluster Performance in Twin Cities Residential Construction for August 2014

Posted on August 28, 2014
Residential construction met the dog days of August this year, showing lackluster performance in both single family and multi-family construction. Planned units were down over 50 percent from August 2013, bringing year-to-date totals at just 0.5 percent more than at the same time last year.
Posted in BATC News, General, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Construction Permits, Shawn Nelson

July Hot Sheet

Posted on August 6, 2014
“With continued job creation and economic growth, we are cautiously optimistic about the home building industry in the second half of 2014. The increase in existing home sales also bodes well for builders, as it is a signal that trade-up buyers can move up to new construction.”
Posted in General, Market Information | Tagged July Hot Sheet, Hot Sheet, BATC, Housing Industry, Housing Market, Housing Data Twin Cities

Twin Cities Residential Construction Revs Up in July 2014

Posted on July 31, 2014
Residential permitting heated up in July, with permits running higher than during any month since October 2013. Planned units are up almost 30 percent in July 2014 over July 2013, and almost 14 percent over year-to-date.
Posted in BATC News, General, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Construction Permits, Shawn Nelson

Multi-Family Permits Boosts Twin Cities Residential Construction for June 2014

Posted on June 30, 2014
Residential construction permitting activity jumped again in June, with several large multi-family buildings leading the way. Permits for the month were down by over 16 percent from June 2013, but units were up by 37 percent.
Posted in BATC News, General, Market Information | Tagged BATC, Builders Association of the Twin Cities, Shawn Nelson, Residential Construction Permits

May Hot Sheet

Posted on June 2, 2014
From the May Hot Sheet: Soaring production of multifamily apartments pushed nationwide housing starts above the million-unit mark in April, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau."
Posted in BATC News, Market Information | Tagged May Hot Sheet, Hot Sheet, BATC Hot Sheet, Housing Market, Housing Data Twin Cities

Twin Cities Residential Construction Slower in May, 2014

Posted on May 29, 2014
Residential construction permitting activity continued to show signs of slowing for the month of May, primarily in multi-family construction. Permits for the month were down about seven percent over May 2013 while units were down by 33 percent.
Posted in BATC News, General, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Construction Permits, Shawn Nelson

April Hot Sheet

Posted on May 1, 2014
“We see improving signs of new-home construction as we move into the spring buying season. The strongest recovery is in the Northeast and Midwest, where builders were hampered by severe winter weather earlier in the year.”
Posted in General, Market Information | Tagged April Hot Sheet, Hot Sheet, BATC Hot Sheet, Market News, Building Industry Hot Sheet

April 2014 Twin Cities Residential Construction Activity Continues Relatively Flat

Posted on May 1, 2014
Permitting activity for new residential construction showed a slight drop for the month of April 2014, keeping overall year-to-date activity relatively flat. The month saw single-family permits down about three percent, permits down by six percent and units down by nine percent.
Posted in BATC News, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Housing permits, Shawn Nelson, Parade of Homes

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

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