Year: 2016 Archive

Image for 2016 Marks Best Year for Residential Construction in a Decade

2016 Marks Best Year for Residential Construction in a Decade

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. Single-family permits ended the year…

Posted in Housing First Minnesota News, Market Information | Tagged: 2016 Housing Market, December Permit Numbers, Residential Building Permits, Twin Cities Housing Market

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

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

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. Multifamily construction got a boost in November as well from several large projects in Minneapolis,…

Posted in Market Information | Tagged: Housing Data Twin Cities, november permit data, Residential Building Permits, Twin Cities Market Information

Image for Twin Cities Single-Family Construction Remains Strong

Twin Cities Single-Family Construction Remains Strong

The Twin Cities residential construction market continues to see a sharp increase in single-family production. October saw a month-over-month increase in single-family permits of over 24 percent making it the seventh month in a row single-family construction permits outpaced the monthly totals of 2015. Multifamily production continues to slow, making…

Posted in Housing First Minnesota News, Market Information | Tagged:

Image for The 2016 BIG Night Award Winners

The 2016 BIG Night Award Winners

Over 700 home building industry members attended the Builders Association of the Twin Cities (BATC) biggest event of the year, their red carpet Awards Gala on Thursday at Mystic Lake Casino Event Center. More than 151 awards were handed out during the Building Industry Gala, or BIG Night, to honor…

Posted in Awards, Housing First Minnesota News | Tagged: Associate of the Year, Awards, BIG Night, Builder of the Year, Reggie Awards, Remodeler of Merit Awards, Remodeler of the Year, ROMA Awards, Trillium Awards

Image for BATC Honors Best in the Home Building Industry

BATC Honors Best in the Home Building Industry

Over 700 home building industry members will attend the the Builders Association of the Twin Cities biggest event of the year, their red carpet Awards Gala the BIG Night on Thursday, October 20th at the Mystic Lake Casino Hotel. More than 100 companies will be recognized for their excellence, from…

Posted in Awards, Housing First Minnesota News | Tagged:

Image for Builders Association of the Twin Cities Honors Two Legislators of the Year

Builders Association of the Twin Cities Honors Two Legislators of the Year

Roseville — The Builders Association of the Twin Cities is honored to name Representative Jim Nash (R-Waconia) and Senator Melisa Franzen (DFL-Edina) as the recipients of its Legislator of the Year Award. BATC’s Legislator of the Year Awards are given to members of the Minnesota Legislature who have championed housing…

Posted in Advocacy, Housing First Minnesota News | Tagged: Legislator of the Year, Minnesota Legislature

Image for Twin Cities See Another Surge in Single-Family Construction

Twin Cities See Another Surge in Single-Family Construction

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. Month-over-month single-family construction increased by nearly 40 percent, while year-to-date single family permits are up 11 percent compared to 2015. So far this year…

Posted in Market Information | Tagged: Residential Building Permits, September Permit Data, Twin Cities Housing Data, Twin Cities Residential Construction

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