Market Information

May Hot Sheet

Posted on May 15, 2017
INSIDE THE MAY HOT SHEET “Strong homebuilding activity is a great sign for all of Minnesota, but our builders are still struggling to create entry-level housing, a key part of the housing market. We are working with the MN REALTORS
Posted in BATC News, Market Information | Tagged May Hot Sheet, Housing Data Twin Cities, Builders Association of the Twin Cities, Building Industry Data, Residential Building Permits

Hot Spring for Twin Cities Home Builders

Posted on April 26, 2017
Roseville, MN – After five years of relatively flat permit numbers, Twin Cities residential construction is pacing for a year of serious growth. Year to date permits are up 25 percent over 2016, and permitted units are up 62 percent over this time last year.
Posted in BATC News, Market Information | Tagged April Permit Numbers, Twin Cities Housing Market, Twin Cities Housing Data, New Construction

The April Hot Sheet

Posted on April 20, 2017
INSIDE THE APRIL HOT SHEET “While there is an increasing demand for housing inventory, our builders are facing serious roadblocks trying to construct more entry-level homes. We are working with the MN REALTORS this year at the
Posted in BATC News, Market Information | Tagged April Hot Sheet, Twin Cities Market Information, Twin Cities Housing Data, Minnesota Housing Market

Lennar Tops the List of Twin Cities Builders for 11th Year in a Row

Posted on March 31, 2017
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 2016. Lennar has held the top spot since 2006.
Posted in BATC News, Market Information

Another Strong Home Building Surge in March

Posted on March 30, 2017
For the fourth month in a row, home building activity continues to break 10-year old permit number records. March total permits are up nearly 30 percent over this month last year, while units are up nearly 50 percent over March 2016.
Posted in BATC News, Market Information | Tagged March Housing Permits, Permit Data, Twin Cities Housing Market, Housing Data, Residential Building Permits

The March Hot Sheet

Posted on March 22, 2017
INSIDE THE MARCH HOT SHEET “Some pull back in housing production is unsurprising after an overly strong multifamily reading last month. As we move forward in 2017, we can expect the multifamily sector to continue to stabilize and
Posted in BATC News, Market Information | Tagged 2017 hot sheet, Twin Cities Housing Market, Housing Economy, Builders Aociation of the Twin Cities

Residential Construction Continues to Pick up the Pace in February

Posted on February 28, 2017
Roseville, MN (February 28, 2017) – With housing inventory at a 14-year record low, Twin Cities residential construction continues to gather steam. February total units rose a remarkable 93 percent over this month last year, while permits were up 18 percent over February 2016.
Posted in BATC News, Market Information | Tagged february permit data, Housing Data Twin Cities, Permit Data, Twin Cities Housing Market

February Hot Sheet

Posted on February 28, 2017
INSIDE THE FEBRUARY HOT SHEET  “While the growth we’ve seen in 2016 is promising we also know that we are still below what’s considered normal levels for residential construction, Our efforts at the capitol in 2017 will feature
Posted in BATC News, Market Information | Tagged February Hot Sheet, Twin Cities Housing Market, Housing Data Twin Cities

Twin Cities Residential Construction Starts Strong in 2017

Posted on January 26, 2017
Coming off of a strong 2016, residential construction continued to grow for the first month of the new year.
Posted in BATC News, Market Information | Tagged Twin Cities Housing Market, Residential Building Permits

January 2017 Hot Sheet

Posted on January 18, 2017
INSIDE THE JANUARY HOT SHEET “Residential construction is an integral part of our economy, with the fastest growing in employment in 2016. While we are optimistic, we are still concerned with several factors that are holding housing
Posted in BATC News, Market Information | Tagged January Hot Sheet, Twin Cities Market Information, Housing Data, Housing Economy

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