Market Information

October Hot Sheet

Posted on November 3, 2014
"Most remodelers remain confident that the market is improving as home owners undertake renovations, large and small. The consistency and longevity of positive RMI readings are in line with the gradual recovery of the housing industry."
Posted in General, Market Information | Tagged October Hot Sheet, Hot Sheet, BATC Hot Sheet, BATC, Building Industry Data, Market Information, Twin Cities Building Stats

Twin Cities Residential Construction During October 2014 Remained Lackluster

Posted on October 29, 2014
While year-to-date residential permit statistics remain behind 2013, an 18 percent increase in planned units in October (over October 2013) helped reduce the year-to-date decline.
Posted in BATC News, General, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Construction Permits, Shawn Nelson

September Hot Sheet

Posted on October 1, 2014
"Our members are telling us that traffic to new model home sites and sales expectations are on the rise. Despite the monthly blip, single-family starts are still 8 percent above last year’s level." Kevin Kelly, NAHB chairman and home builder
Posted in General, Market Information | Tagged September Hot Sheet, Hot Sheet, BATC Hot Sheet, BATC, Building Industry Data, Market Information, Twin Cities Building Stats

September 2014 Twin Cities Residential Construction Remains Tentative

Posted on September 30, 2014
Residential construction in the region continues to under perform expectations, with total year-to-date planned units permitted dropping behind 2013 for the first time. Planned units were down over eight percent for the year, while single family permits were down by 7.5 percent.
Posted in BATC News, General, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Construction Permits, Shawn Nelson, Parade of Homes

August Hot Sheet

Posted on September 2, 2014
"With interest rates near historically low levels and strengthening job growth, now continues to be a great opportunity to buy a home." Kevin Kelly, NAHB chairman and home builder and developer from Wilmington, Del
Posted in General, Market Information | Tagged August Hot Sheet, Hot Sheet, 2014 Hot Sheet, BATC, Building Industry Data

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

June Hot Sheet

Posted on July 2, 2014
“Markets are gradually returning to normal levels of housing and economic activity. When we see more sustainable levels of job growth, this will unleash pent-up demand and bring more buyers into the marketplace.” - NAHB Chairman Kevin Kelly Inside:
Posted in General, Market Information | Tagged June 2014 Hot Sheet, Hot Sheet, BATC, Builders Association of the Twin Cities, Housing Industry

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

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