Building Permits for Single-family Homes in the Twin Cities Fall Short in 2022
Slowest December in a decade for new single-family home construction The 2022 Twin Cities housing market saw deep impacts from the rate hikes by the Federal Reserve as they pushed mortgage interest rates to a 20-year high. With a larger share of homebuyers now unable to purchase a new home,…
Posted in Market Information | Tagged: 2022 Housing Market, December Permit Numbers, Housing First Minnesota, new homes, Twin Cities Building Data, Twin Cities Building Market, Twin Cities Housing Market