Market Information

Image for Homebuilding Activity Slow in July, While Demand Remains Strong

Homebuilding Activity Slow in July, While Demand Remains Strong

Roseville, Minn – Summer homebuilding in the Twin Cities saw slower momentum in July as interest rates and affordability challenges continue to impact the housing market. Metro homebuilders pulled 452 permits for single-family homes during the month of July. This is a 1% increase over last year. Additionally, multifamily construction…

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Image for Single-family home construction remains strong in June

Single-family home construction remains strong in June

Roseville, Minn – The demand for new single-family homes continues to push strong homebuilding activity. Homebuilders in the metro area pulled 542 permits for single-family homes throughout the month — a 15% increase over June 2023. However, multifamily construction was nearly nonexistent in June. Builders pulled permits for just 24…

Posted in Market Information | Tagged: Housing Data, Keystone Report, Minnesota Construction Data, Permits

Image for Metro homebuilders start spring strong

Metro homebuilders start spring strong

Roseville, Minn – Metro homebuilders had another positive month of permitting activity with 405 permits pulled for single-family homes in March, a 37% increase from the same time last year.

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Image for Metro homebuilders start year on positive note

Metro homebuilders start year on positive note

Roseville, Minn –Twin Cities homebuilders kicked off 2024 with a positive month of single-family construction activity. Metro builders pulled permits for 359 single-family homes during the month of January, a 10% increase from the same time…

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