Author: kristen Archive

Image for Metro Homebuilding Activity Continues on Strong Streak

Metro Homebuilding Activity Continues on Strong Streak

Twin Cities homebuilding recorded an impressive 70% jump in single-family activity compared to the previous year. While this surge in activity is notable, February’s data is in line with the historical averages. Homebuilders pulled permits for 364 single-family homes in February. Additionally, builders reported 159 multifamily units under construction. Multifamily…

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Image for The Spring Parade of Homes Returns March 13

The Spring Parade of Homes Returns March 13

The Parade of Homes, presented by Housing First Minnesota, returns this spring to continue its tradition of providing Minnesotans with the chance to come together, explore local neighborhoods, and discover the many ways that home connects us all. The Spring Parade of Homes will run Fridays through Sundays…

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Image for Twin Cities Residential Construction Up in January

Twin Cities Residential Construction Up in January

Twin Cities homebuilding saw a jump in activity in the first month of the year, with upticks in construction in all areas of the market. Homebuilders pulled permits for 453 single-family homes in January – a 9% rise in activity from last year. Additionally, builders reported 313 multifamily units under…

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Image for Seasonal Slowdown Hits Twin Cities Homebuilding in December

Seasonal Slowdown Hits Twin Cities Homebuilding in December

Twin Cities homebuilding experienced a second consecutive month of declines in December, with dips across all areas of the market. Homebuilders pulled permits for 369 single-family homes in December – a 15% drop in activity from last year. Additionally, builders reported just 13 multifamily units under construction, a 63% decline…

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Image for Metro Homebuilding Sees Retraction in November

Metro Homebuilding Sees Retraction in November

Twin Cities homebuilding declined in November with dips across all areas of the market. Homebuilders pulled permits for 516 single-family homes in November—a 2% drop in activity from last year. Additionally, builders reported 91 multifamily units under construction, a 48% decline from November 2024. Multifamily activity accounted for just a…

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Image for Housing First Minnesota Names 2025 Legislators of the Year

Housing First Minnesota Names 2025 Legislators of the Year

Housing First Minnesota, the state’s leading voice for housing, recognized Sen. Jordan Rasmusson (R-Fergus Falls) and Rep. Spencer Igo (R-Wabana Township) as recipients of the 2025 Legislator of the Year awards. The honor recognizes legislators for their efforts in promoting housing affordability and homeownership opportunities for everyone, everywhere. …

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