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Image for Twin Cities Single-Family Building Boom Continues in June

Twin Cities Single-Family Building Boom Continues in June

Permits for new single-family homes continue to surge as the Twin Cities housing market remains in short supply of homes for sale. Twin Cities homebuilders pulled 637 permits for new single-family homes in June, a 63% increase over June of 2020. Multifamily construction remains lackluster so far in 2021 making…

Posted in Housing First Minnesota News, Market Information, Uncategorized | Tagged: Housing Data Twin Cities, June Permit Numbers, New Home Data, Residential Building Permits

Image for Housing First Minnesota Foundation Hands Over the Keys to Home for Heroes

Housing First Minnesota Foundation Hands Over the Keys to Home for Heroes

New North Minneapolis home to help veterans transition out of homelessness On Wednesday, March 31, the Housing First Minnesota Foundation/HomeAid Twin Cities along with build partner Lennar formally handed over the keys of a brand new 4-bedroom home in North Minneapolis to the Minnesota Assistance Council for Veterans (MACV). The…

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Image for Hot February for Twin Cities Home Construction

Hot February for Twin Cities Home Construction

Twin Cities single-family construction continued the trend of double-digit gains in February with permits pulled for 536 new homes, a 32% increase over February of 2020. Multifamily construction in the metro area fell by 16% when compared to this month last year, with permits pulled for 410 units. “The dream…

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Image for Twin Cities Homebuilding Surges in September

Twin Cities Homebuilding Surges in September

Construction for new single-family homes picked up significantly in September as low interest rates and pent up demand continue to impact the housing market. With 650 permits pulled, single-family construction jumped by 38% over September of 2019. That’s the highest number of single-family permits pulled in the month of September…

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