Twin Cities Housing Data

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

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

April Hot Sheet

Posted on April 4, 2016
INSIDE THE APRIL HOT SHEET
Posted in Market Information | Tagged Twin Cities Housing Data, Housing Economy, 2016 Hot Sheet, April Hot Sheet, Housing Market

Twin Cities Residential Construction Slows in February

Posted on February 25, 2016
Roseville, MN (February 25, 2016) – Residential construction numbers dipped to a twelve month low in February, with a month over month 17 percent decrease in the number of permits pulled compared to 2015. Single-family production dropped month over month by 18 percent.
Posted in BATC News, Market Information | Tagged Twin Cities Housing Data, Twin Cities Housing Market, Builders Association of the Twin Cities, Meg Jaeger, Permit Data, Residential Building Permits

February Hot Sheet

Posted on February 4, 2016
“While we had hoped to see a much stronger year in 2015, we continued to see new residential construction lag behind the existing housing market. With the ruling just released by the Minnesota Supreme Court to let the Court of Appeals decision invalidating the expensive
Posted in Market Information | Tagged February Hot Sheet, Twin Cities Housing Data, Home Building Industry, Builders Association of the Twin Cities, Wells Fargo Home Mortgage

Twin Cities Residential Construction Off to a Good Start

Posted on January 29, 2016
Roseville, MN (January 29, 2016) – Residential construction started the year with a significant boost in activity compared to January 2015.
Posted in Market Information | Tagged Twin Cities Housing Market, Twin Cities Housing Data, Builders Association of the Twin Cities, Housing Data