Building Industry Archives

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

December Hot Sheet

January 6, 2014

“Single-family and multifamily starts are at five-year highs, providing additional evidence that the recovery is here to stay. We hit a soft spot this fall when interest rates jumped and the government closed down, but mortgage rates still remain very affordable and pent-up demand is helping to boost the…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC Hot Sheet, Building Industry, December Hot Sheet, Hot Sheet, Industry News, Twin Cities Building Market

November Hot Sheet

December 4, 2013

INSIDE THE NOVEMBER HOT SHEET: Just-released permit statistics showed that residential construction in the Twin Cities region remains strong. Single-family homes for the month (538) helped push the numbers up, showing an almost 40 percent increase over permits for single family homes in October 2012 (386). Year-to-date activity continues to…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet 2013, Building Industry, Hot Sheet, Housing Market, November Hot Sheet, Twin Cities Housing, Twin Cities Housing Market, Twin Cities Residential Construction