Housing Industry

Image for New Housing Starts Mixed as COVID-19 Effects Linger

New Housing Starts Mixed as COVID-19 Effects Linger

ROSEVILLE, MINN.  — New housing unit starts were down 5.3% in June 2020 compared to the same period in 2019. Single-family home starts dropped 42% in June compared to June 2019 with 391 permits pulled, but are only down 11% year-to-date over 2019. Multifamily starts were up nearly 26% this month with 1,010 units permitted,…

Posted in Housing First Minnesota News, Housing Industry, Market Information | Tagged: 2020 Permit Numbers, June Permit Numbers, Permit Numbers

Image for Minnesota New Homes Rank Among Most Energy Efficient in the Country in 2019

Minnesota New Homes Rank Among Most Energy Efficient in the Country in 2019

Newly built homes in Minnesota are more energy efficient than ever as many builders are advancing green building practices. Through Housing First Minnesota’s Green Path program, our state has now tested and issued Home Performance Reports for more than 22,000 homes. Minnesota homes scored an average Home Energy Rating System…

Posted in Green Homes, Housing First Minnesota News, Housing Industry, MN Green Path | Tagged:

Image for Housing and Session Priorities Event Reveals Call For Action to Fix Minnesota’s Housing Market

Housing and Session Priorities Event Reveals Call For Action to Fix Minnesota’s Housing Market

Legislative Panel Agrees it’s Time For All to Come Together For Solutions Housing experts and legislators took a look at the current housing market conditions and discussed ways to address the region’s affordability challenge during the Housing 2020: Session Preview hosted by Housing First Minnesota on Thursday morning. The event…

Posted in Advocacy, Housing First Minnesota News, Housing Industry | Tagged:

Image for Single-Family Permits Surge in November

Single-Family Permits Surge in November

Single-family construction continued on a hot streak in November with 645 permits pulled, a 45% increase over this month last year. Multifamily construction slowed slightly with permits pulled for 691 units, falling 12% from November 2018. “Our housing market is in desperate need of new single-family inventory,” said John Rask,…

Posted in Housing Industry, Market Information, Uncategorized | Tagged:

Image for Residential Constructions Steams Ahead in October

Residential Constructions Steams Ahead in October

Residential construction saw the highest number of permitted units pulled in October since before 2003. For the month, 555 single-family permits were pulled for a nearly 20% increase over October of last year. Multifamily construction, especially in Minneapolis, had another strong month with 36 permits pulled for a total of…

Posted in Housing Industry, Market Information | Tagged:

Image for Homebuilding Industry Honors its Best at the 2019 Building Industry Gala

Homebuilding Industry Honors its Best at the 2019 Building Industry Gala

More than 800 homebuilding industry members attended Housing First Minnesota’s biggest event of the year, the Building Industry Gala on Friday at Mystic Lake Center. More than 190 awards were handed out during the gala honoring the top builders, remodelers, suppliers and individuals in Minnesota’s homebuilding industry. The Gala culminated in the presentation of…

Posted in Awards, Housing First Minnesota News, Housing Industry, Uncategorized | Tagged:

Image for Minnesota Hits Major Milestone in Green Homebuilding

Minnesota Hits Major Milestone in Green Homebuilding

Minnesota’s Green Path Program Surpasses 20,000 Energy Tested New Homes Minnesota’s homebuilding industry achieved a new milestone in energy efficiency this month, marking over 20,000 new homes that have been Green Path energy tested and rated. Since 2011, Housing First Minnesota’s Green Path program has encouraged energy efficiency…

Posted in Green Homes, Housing First Minnesota News, Housing Industry, MN Green Path | Tagged:

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