Housing Data

Image for Single-family home construction remains strong in June

Single-family home construction remains strong in June

Roseville, Minn – The demand for new single-family homes continues to push strong homebuilding activity. Homebuilders in the metro area pulled 542 permits for single-family homes throughout the month — a 15% increase over June 2023. However, multifamily construction was nearly nonexistent in June. Builders pulled permits for just 24…

Posted in Market Information | Tagged: Housing Data, Keystone Report, Minnesota Construction Data, Permits

Image for In Case You Missed It: Housing Affordability Crisis Illustrated in Sunday Article

In Case You Missed It: Housing Affordability Crisis Illustrated in Sunday Article

  Home buyers in the Twin Cities face price challenges that place homeownership out of reach for far too many. According to a Sunday report by the St. Paul Pioneer Press, “Outside coastal states like New York and California, the Twin Cities was No. 1 in housing costs among the…

Posted in Housing First Minnesota News | Tagged: Builders Association of the Twin Cities, Housing Data, Housing Regulation, Twin Cities Home Builders

Image for Another Strong Home Building Surge in March

Another Strong Home Building Surge in March

  For the fourth month in a row, home building activity continues to break 10-year old permit number records. March total permits are up nearly 30 percent over this month last year, while units are up nearly 50 percent over March 2016. The boost this month can be credited to…

Posted in Housing First Minnesota News, Market Information | Tagged: Housing Data, March Housing Permits, Permit Data, Residential Building Permits, Twin Cities Housing Market

Image for January 2017 Hot Sheet

January 2017 Hot Sheet

INSIDE THE JANUARY HOT SHEET “Residential construction is an integral part of our economy, with the fastest growing in employment in 2016. While we are optimistic, we are still concerned with several factors that are holding housing construction back, including our continued challenge recruiting of skilled labor.” – BATC Executive…

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

Image for Twin Cities Residential Construction Off to a Good Start

Twin Cities Residential Construction Off to a Good Start

Roseville, MN (January 29, 2016) – Residential construction started the year with a significant boost in activity compared to January 2015. Month over month, January saw a 31 percent increase in the number of permits pulled and a 32 percent increase in the number of units, compared to 2015. Mulitfamily…

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

Image for January Hot Sheet

January Hot Sheet

Inside the January Hot Sheet “The November gains in both single- and multifamily starts show that the overall market continues to move forward. As builders anticipate more consumer demand for housing, they should continue to add inventory.” – NAHB Chairman, Tom Woods Download the January Hot Sheet…

Posted in Housing First Minnesota News, Market Information | Tagged: Building Industry Market News, Housing Data, January Hot Sheet, Twin Cities Housing Market

Image for December Hot Sheet

December Hot Sheet

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

Image for Twin Cities Gets a Residential Construction Boost in November

Twin Cities Gets a Residential Construction Boost in November

Roseville, MN (November 30, 2015) – Several large multi-family projects in Minneapolis gave Twin Cities residential construction a boost in November. Multi-family units accounted for 73 percent of the month’s total activity and brought the total number of year to date units to the plus side (up .5 percent). Single-family…

Posted in Market Information | Tagged: BATC, Housing Data, Housing Economy, Twin Cities Housing Market

Image for While Home Building Soars Nationally Twin Cities Residential Construction Remains Flat

While Home Building Soars Nationally Twin Cities Residential Construction Remains Flat

Roseville, MN (September 30, 2015) – Markets across the country are seeing a strong rise in new home building, but here in the Twin Cities, residential construction remains slow and steady. For September, single-family permits were down six percent when compared to this month last year, and multi-family permits were…

Posted in Housing First Minnesota News, Market Information | Tagged: Builders Association of the Twin Cities, Chris Contreras, Housing Data, Twin Cities Housing

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