December Permit Numbers

Image for Building Permits for Single-family Homes in the Twin Cities Fall Short in 2022

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

Image for Permits for Single-Family Homes in the Twin Cities Hit 16-Year High in 2021 Despite Construction Headwinds

Permits for Single-Family Homes in the Twin Cities Hit 16-Year High in 2021 Despite Construction Headwinds

December residential permits fell in 2021, but not by enough to offset the strong start to the year online pharmacy buy fluoxetine online with best prices today in the USA Following a feverish start to the year, the pace of new residential construction slowed as 2021 came…

Posted in Housing First Minnesota News, Market Information | Tagged: December Permit Numbers, Housing Data Twin Cities, Housing First Minnesota, Twin Cities Homebuilding, Twin Cities Housing Market

Image for 2017 Marks Best Year in a Decade for Twin Cities Home Builders

2017 Marks Best Year in a Decade for Twin Cities Home Builders

Roseville, Minn. (Dec. 27, 2017) – Single-family construction ended the year on a high note, with a 36 percent increase in production over December 2016. Multi-family activity also had a very strong month with a 1,100 percent increase in units. Twin Cities residential construction ended 2017 with 6,113 permits pulled…

Posted in Housing First Minnesota News, Market Information | Tagged: 2017 Permit Numbers, December Permit Numbers, Twin Cities Housing Market, Twin Cities Residential Construction

Image for 2016 Marks Best Year for Residential Construction in a Decade

2016 Marks Best Year for Residential Construction in a Decade

Continued growth in single-family construction in 2016 pushed the Twin Cities residential construction permit numbers to a high we haven’t seen since 2006. For the year total permits were up 11 percent over last year, while total units were up just one percent from 2015. Single-family permits ended the year…

Posted in Housing First Minnesota News, Market Information | Tagged: 2016 Housing Market, December Permit Numbers, Residential Building Permits, Twin Cities Housing Market

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