Market Information

The July Hot Sheet

Posted on July 21, 2017
INSIDE THE JULY HOT SHEET “With the growth we’ve seen this spring, we expect this to be a strong summer for residential construction. A big concern of ours is the need for entry-level housing, and with our current regulatory environment
Posted in BATC News, Market Information | Tagged The July Hot Sheet, 2017 hot sheet, Housing Data Twin Cities, Twin Cities Housing Market

Twin Cities Residential Construction Permits Hit 10-Year High

Posted on June 29, 2017
Roseville, MN – Single-family construction surged ahead in June with a total of 612 permitted units. The last time Twin Cities home builders pulled more than 600 permits in a single month was in January of 2006. Multifamily construction slowed slightly in June with 385 permitted units.
Posted in Market Information | Tagged Twin Cities Permit Data, Twin Cities Housing Market, Single-family Construction, Residential Building Permits

The June Hot Sheet

Posted on June 28, 2017
INSIDE THE JUNE HOT SHEET “When homebuilders are active and homes are sold, our communities grow, jobs are created and our regional economy generates opportunity. However, builders are still concerned about housing a ordability due
Posted in BATC News, Market Information | Tagged June Hot Sheet, Twin Cities Housing Market, April Permit Numbers

Twin Cities Residential Construction Continues to Climb in May

Posted on May 31, 2017
Roseville, MN (May 31, 2017) - Although housing inventory continues to shrink, Twin Cities residential construction is moving full steam ahead with demand outpacing supply.
Posted in BATC News, Market Information | Tagged Twin Cities Residential Construction, Twin Cities Permit Numbers, May Permit Numbers, Minnesota Housing Market

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

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