Housing Data Twin Cities

Image for Single Family Construction Dipped in March while Multi-Family Construction Picked up

Single Family Construction Dipped in March while Multi-Family Construction Picked up

Roseville, MN (March 25, 2015) – As feared, single-family construction slowed this month, after a slight peak in February as many rushed to get permits filed before the new building code took effect. Single-family permits were down seven percent compared to March 2014, while multifamily permits spiked by more than…

Posted in Market Information | Tagged: Builders Association of the Twin Cities, Housing Data Twin Cities, Housing Economy, Housing Industry

Image for Single Family Permits Spike in Rush to Avoid Code Changes

Single Family Permits Spike in Rush to Avoid Code Changes

Roseville, MN (February 26, 2015) – As expected, there was a spike in residential construction permits as many rushed to beat the new residential building codes taking effect over the past several weeks. Single-family permits were up 47 percent compared to February 2014, while multifamily permits have completely dropped off…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC, Chris Contreras, Housing Data Twin Cities, Housing Market, Housing Regulation

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May Hot Sheet

From the May Hot Sheet: Soaring production of multifamily apartments pushed nationwide housing starts above the million-unit mark in April, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.” “The growth in multifamily production is a very positive development…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC Hot Sheet, Hot Sheet, Housing Data Twin Cities, Housing Market, May Hot Sheet

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