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

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

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

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