Market Information Archives - Page 9 of 25

Housing Construction Continues Upward Trend

October 1, 2019

Twin Cities homebuilding is on pace to hit a 13-year high in the number of permitted units in 2019. For the month of September, 472 single-family permits were pulled for a 6% increase over September of last year. Multifamily construction had another strong month with 26 permits pulled for a…

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

Twin Cities Homebuilders End Summer Strong

August 29, 2019

Homebuilders continue to make up for the slow start to the year with another strong month of permit activity. For the month of August, 711 single-family permits were pulled a nearly 10% increase over August of last year. That brings the yearly total up 2% over 2018 year to date.

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

Another Hot Month for Single-Family Homebuilding

August 13, 2019

For the second month in a row Twin Cities’ single-family construction posted double digit gains in permit numbers. With 513 permits pulled for the month, single-family activity rose 12% over July 2018. With 406 permitted units, multifamily construction had one of its slowest months of the year, dipping below 50%…

Posted in Market Information | Tagged:

Twin Cities Single-Family Construction Surges in June

June 27, 2019

Roseville, Minn. online pharmacy zithromax no prescription – After four months of falling permit numbers, single-family construction surged in June with a 21% increase over this time last year and a 6% increase over May. Multifamily construction slowed slightly in June falling 38% from last month with permits pulled…

Posted in Housing First Minnesota News, Market Information | Tagged: Keystone Report, Residential Building Permits, Single-family Construction, Twin Cities Housing Market

Twin Cities Homebuilding Picks Up in May

May 30, 2019

Multifamily construction continues to boost residential homebuilding activity, while single-family construction activity continues to fall flat. Several permits pulled for large projects in Minneapolis and Minnetonka pushed the number of multifamily units up to 1,306 for the month of May, a significant increase over this month last year. With 637…

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

Twin Cities Single-Family Construction Falls Flat in April

April 30, 2019

Several large multifamily construction permits pulled in April helped boost the residential construction numbers for the year, but single-family construction activity continues to fall. With permits pulled for 1,152 units in April, multifamily permitted units are up 8% over this time last year. With 407 permitted units in April, single-family…

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

Twin Cities Home Building Permits Hit 4-Year Low in March

March 28, 2019

The Twin Cities saw the fewest number of residential construction permits pulled for the month of March since 2015. Both single-family and multifamily permitted units fell by double digits. Single-family units fell to 339, a 12 percent drop from the 389 units in March of 2018. With permits pulled for…

Posted in Housing First Minnesota News, Market Information | Tagged: 2019 Residential Permits, March Housing Permits

Lennar Tops the 2018 List of Twin Cities Builders

March 21, 2019

Results from a recent survey by Housing First Minnesota show that Lennar – Minneapolis/St. Paul was the region’s top ranked builder once again in 2018. Lennar has held the top spot since 2006. Rankings are based on annual gross revenue as reported by respondents for for-sale housing. Lennar reported gross…

Posted in Housing First Minnesota News, Market Information | Tagged: Batc-Housing First Minnesota, Lennar, Top 25 Builders List

Home Building Activity Cools in February

March 1, 2019

After a strong start to the year, residential construction slowed in February. With 330 permits pulled, single-family permits fell three percent compared to the 341 permits in February 2018. With nine permits pulled for 421 units, multifamily construction fell by 23 percent compared to the 20 permits for 548 units…

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

Single-Family Construction Starts the Year off Strong in the Twin Cities

January 31, 2019

Single-family permits are off to a roaring start in 2019. Single-family construction marked a 10-year high for the first month of the year with a 9 percent increase over January of 2018. Multifamily construction was a different story. The number of multifamily permitted units fell by 40 percent compared to…

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