2015 Hot Sheet Archives - HFMN Newsroom

December Hot Sheet

December 2, 2015

Inside the December Hot Sheet “Sales this year are running 15.7 percent ahead of 2014. With a firming job market, affordable home prices, and rising pent-up demand, today’s report is another indicator that the housing market continues to move on a modest upward trajectory.” – NAHB Chief Economist, David Crowe…

Posted in Housing First Minnesota News, Market Information | Tagged: 2015 Hot Sheet, December Hot Sheet, Housing Data, Housing Economy, Twin Cities Housing Market

November Hot Sheet

November 4, 2015

INSIDE THE NOVEMBER HOT SHEET “It is not surprising to see sales pull back in September following a strong August reading, especially after a few months of weak job creation. However, new-home sales year-to-date are up 17.6 percent compared to the same period of 2014, and we expect the market…

Posted in Housing First Minnesota News, Market Information | Tagged: 2015 Hot Sheet, Builders Association of the Twin Cities, Housing Data Twin Cities, Housing Economy, Housing Market

October Hot Sheet

October 1, 2015

“We continue to hear from our members that more serious home buyers are returning to the market. Builders are gradually adding inventory to meet future demand as they handle shortages of lots and labor.” –Tom Woods, chairman of NAHB and a homebuilder from Blue Springs, MO* Download October…

Posted in Market Information | Tagged: 2015 Hot Sheet, Home Building Industry, Housing Data, Twin Cities Housing Market

September Hot Sheet

September 2, 2015

“This month’s drop in the more volatile multifamily side is a return to trend after an unusually high June. While mul- tifamily production has fully recovered from the downturn, single-family starts are improving at a slow and sometimes intermittent rate as consumer confidence gradually rebounds. Continued job and economic…

Posted in Market Information | Tagged: 2015 Hot Sheet, Housing Data Twin Cities, September Hot Sheet

August Hot Sheet

August 3, 2015

“While builders are reporting overall confidence in the housing market, they continue to note difficulties accessing land and labor. These headwinds appear to be affecting production gains in the single-family sector.” – NAHB Chief Economist David Crowe. Download the August Hot Sheet…

Posted in Market Information | Tagged: 2015 Hot Sheet, Builders Association of the Twin Cities, Housing Data Twin Cities, Twin Cities Housing Market

July Hot Sheet

July 1, 2015

After a strong April, some readjustment in housing production in May was expected, the starts and permits figures for the second quarter of 2015 are shaping up to be stronger than the first. This upward trajectory is in line with the recently released NAHB/Wells Fargo HMI, which found growing builder…

Posted in Housing First Minnesota News, Market Information | Tagged: 2015 Hot Sheet, Builders Association of the Twin Cities, Home Building Industry, Housing Data Twin Cities, July Hot Sheet

June Hot Sheet

June 3, 2015

“The April gains make up for the production dips we saw in the past two months, but single-family housing is still only about halfway back to what could be considered a normal market, with low interest rates and affordable home prices, we expect more upward momentum in the months ahead.”…

Posted in Market Information | Tagged: 2015 Hot Sheet, Building Industry, Building Industry Data, June Hot Sheet, MSP, Twin Cities

May Hot Sheet

May 1, 2015

Builders are being careful not to add inventory beyond expected demand, especially as they struggle with increasing costs for lots, labor and materials. However, pent-up demand, low mortgage interest rates and a growing economy should keep the housing industry moving forward throughout the rest of the year.” – NAHB Chief…

Posted in General, Market Information | Tagged: 2015 Hot Sheet, Building Industry, Hot Sheet, Industry Data, May Hot Sheet, Minneapolis, MSP