Image for New Survey Reveals How Dire Construction Labor Shortage is in Minnesota

New Survey Reveals How Dire Construction Labor Shortage is in Minnesota

88 percent of construction firms surveyed report having experienced a labor shortage in the past 12 months online pharmacy sinequan buy with best prices today in the USA online pharmacy buy rogaine online no prescription online pharmacy https://onepagelove.com/wp-content/uploads/gravity_forms/1-505445b70b7a0cf192d4c6912b0ece66/2014/norvasc.html no prescription A recent survey conducted by Housing First…

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Image for Twin Cities Homebuilding Activity Drops in November

Twin Cities Homebuilding Activity Drops in November

With one month left in the year, it’s looking as if 2018 will be a flat year for Twin Cities homebuilding activity. Both single-family and large project multifamily permits were down for the month of November compared to 2017. Townhome construction continues to be the bright spot this year, with…

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Image for New Home Construction Sees Modest August

New Home Construction Sees Modest August

With existing housing inventory still at historic lows, new construction is still struggling to make up for the shortage of homes. Single-family permits were once again up a steady 3 percent month-over-month in August, but year-to date single-family is still at a less than 2 percent increase over last year.

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Image for May Surge in Single-Family Construction

May Surge in Single-Family Construction

Roseville, Minn. (May 31, 2018) – Twin Cities single-family homebuilders had their hottest May since 2006 and we’re not talking about the weather. For the month, the number of single-family permits pulled increased to 665, a 30 percent increase over May of last year. That’s the most single-family permits pulled…

Posted in Housing First Minnesota News, Market Information | Tagged: 2018 Permit Numbers, Home Building Industry, May Construction, New Construction, Twin Cities Housing Market

Image for Long Winter Puts Damper on Twin Cities Residential Construction

Long Winter Puts Damper on Twin Cities Residential Construction

Twin Cities homebuilding activity continues to underperform expectations in April. For the month, the number of single-family permits pulled dropped by eight percent compared to April last year. Multifamily construction also saw a drop in April, with a 43 percent decrease in the number of permitted units month-over-month. According to…

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