Twin Cities Housing Market

2017 Marks Best Year in a Decade for Twin Cities Home Builders

Posted on December 27, 2017
Roseville, Minn. (Dec. 27, 2017) – Single-family construction ended the year on a high note, with a 36 percent increase in production over December 2016. Multi-family activity also had a very strong month with a 1,100 percent increase in units.
Posted in BATC News, Market Information | Tagged December Permit Numbers, 2017 Permit Numbers, Twin Cities Residential Construction, Twin Cities Housing Market

Renewed Surge in Residential Construction in November

Posted on November 30, 2017
Roseville, Minn. (Nov. 30, 2017) – After a flat October, Twin Cities home builders made up for it in November. The number of single-family permits pulled in November spiked to 586, increasing 30 percent over November last year.
Posted in BATC News, Market Information | Tagged Housing First Minnesota, Builders Association of the Twin Cities, Twin Cities Permit Data, Single-family Construction, Minnesota Housing Market, Twin Cities Housing Market

The November Hot Sheet

Posted on November 22, 2017
INSIDE THE NOVEMBER HOT SHEET The sharp rise in multi-family construction underscores the power of regulatory reform. Legislation encouraging homeownership, including cost protections for new-home buyers, will continue to be the top
Posted in BATC News, Market Information | Tagged The November Hot Sheet, Twin Cities Housing Data, Twin Cities Housing Market

Twin Cities Homebuilders Increase Townhome Production

Posted on October 26, 2017
Roseville, Minn. (Oct. 26, 2017) – Multi-family construction spiked upwards from this time last year, with 670 permitted units, up 69 percent from October of last year.
Posted in BATC News, Market Information | Tagged Twin Cities Building Stats, Permit Data, Twin Cities Housing Market, Residential Building Permits

Twin Cities Single-Family Construction Rises in August

Posted on August 30, 2017
The Twin Cities saw an uptick in new home permits in August, following a slight dip in July. The number of single-family permits pulled this month grew 17 percent compared to August 2016.
Posted in BATC News, Market Information | Tagged Housing First Minnesota, Twin Cities Permit Data, Twin Cities Housing Market

Twin Cities Single-Family Construction Dips Slightly in July

Posted on July 27, 2017
After several months of increased growth, single-family construction slowed slightly in July. The number of single-family permits pulled for the month dipped by five percent compared to July 2016.
Posted in BATC News, Market Information | Tagged Housing First Minnesota, Twin Cities Permit Data, Twin Cities Housing Market

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

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

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