Market Information

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

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

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