Market Information

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

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

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