Residential Building Permits

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

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

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

2016 Marks Best Year for Residential Construction in a Decade

Posted on December 27, 2016
Continued growth in single-family construction in 2016 pushed the Twin Cities residential construction permit numbers to a high we haven’t seen since 2006. For the year total permits were up 11 percent over last year, while total units were up just one percent from 2015.
Posted in BATC News, Market Information | Tagged December Permit Numbers, Twin Cities Housing Market, 2016 Housing Market, Residential Building Permits

December Hot Sheet

Posted on December 13, 2016
INSIDE THE DECEMBER HOT SHEET The residential construction permit numbers continue to show us that more families are looking to build new single-family homes. With all of the right ingredients in place we expect to see continued growth in
Posted in BATC News, Market Information | Tagged December Hot Sheet, Housing Market, Market Data, Residential Building Permits

New Construction Closes Out Year with Surge in Single-Family Homes

Posted on November 29, 2016
Roseville, MN (October 26, 2016) –The Twin Cities are on pace for the largest single-family construction growth since 2013. For the third month in a row, single-family activity increased by over 20 percent from 2015.
Posted in Market Information | Tagged november permit data, Housing Data Twin Cities, Twin Cities Market Information, Residential Building Permits

November Hot Sheet

Posted on November 14, 2016
INSIDE THE NOVEMBER HOT SHEET “House prices continue to show the strongest recovery among the LMI components, with 327 markets, or 97 percent, returning to or exceeding their last normal levels. Meanwhile, 92 metros have reached or
Posted in Market Information | Tagged November Hot Sheet, Housing Market, Market Data, Housing Economy, Residential Building Permits

Twin Cities See Another Surge in Single-Family Construction

Posted on September 28, 2016
Due to a significant boost in single-family production, the Twin Cities saw the highest number of permits pulled in the month of September since September 2006.
Posted in Market Information | Tagged September Permit Data, Twin Cities Housing Data, Twin Cities Residential Construction, Residential Building Permits

Twin Cities Residential Construction Activity Stalls in August

Posted on August 25, 2016
While single-family construction continued to climb in August, it wasn’t enough to keep the five-month new residential construction hot streak alive. For the first time in five-months, permit numbers took a slight dip, down one percent when compared to this month last year.
Posted in Market Information | Tagged Twin Cities Housing Data, Residential Building Permits, New Construction, Twin Cities Building Market

Twin Cities Residential Construction Continues to Climb

Posted on July 28, 2016
After a strong June, Twin Cities residential construction activity returned to more measured growth in July. With the help of several large multifamily projects, permitted units for the month were up 25 percent compared to July 2015.
Posted in BATC News, Market Information | Tagged Twin Cities Housing Data, Housing Market, Residential Building Permits, New Home Construction

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