Housing Market Archives - HFMN Newsroom

Single-Family Construction Continues to Surge As Homebuilders Make up for Slow Spring

November 30, 2020

The number of permits pulled for new single-family homes continued to soar in November, making up for the slow spring and bringing the total number of single-family permits for the year into the positive growth column. There were 701 permits pulled for single-family homes this month, an increase of 8%…

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

The September Hot Sheet

September 22, 2017

INSIDE THE SEPTEMBER HOT SHEET “For new construction to meet the current demand for single-family housing, we need to address the growing workforce challenge.” – David Siegel, Housing First Minnesota Executive Director DOWNLOAD THE SEPTEMBER HOT SHEET…

Posted in Housing First Minnesota News, Market Information | Tagged: 2017 hot sheet, Housing Data Twin Cities, Housing Market, The September Hot Sheet

The August Hot Sheet

August 16, 2017

INSIDE THE AUGUST HOT SHEET “Builders would like nothing more than to construct more affordable homes, but there are several factors pushing against market-based affordable housing including regulations and the increasing labor shortage.” – David Siegel, Housing First Minnesota Executive Director DOWNLOAD THE AUGUST HOT SHEET …

Posted in Housing First Minnesota News, Market Information | Tagged: 2017 hot sheet, Housing Data Twin Cities, Housing Market, The August Hot Sheet

December Hot Sheet

December 13, 2016

INSIDE THE DECEMBER HOT SHEET The residential construction permit numbers continue to show us that more families are looking to build new single-family homes. With all of the right ingredients in place we expect to see continued growth in that market.” – Meg Jaeger, 2016 BATC President Download…

Posted in Housing First Minnesota News, Market Information | Tagged: December Hot Sheet, Housing Market, Market Data, Residential Building Permits

November Hot Sheet

November 14, 2016

INSIDE THE NOVEMBER HOT SHEET “House prices continue to show the strongest recovery among the LMI components, with 327 markets, or 97 percent, returning to or exceeding their last normal levels. Meanwhile, 92 metros have reached or exceeded normal employment activity. Single-family permits have edged up to 51% of normal…

Posted in Market Information | Tagged: Housing Economy, Housing Market, Market Data, November Hot Sheet, Residential Building Permits

The September Hot Sheet

September 2, 2016

INSIDE THE SEPTEMBER HOT SHEET “As the existing housing market remains tight, families are realizing they can build the home of their dreams in the community they love. Our industry’s builders, carpenters and tradespeople all work to build the safest neighborhoods at a price that families can afford.” said Meg…

Posted in Market Information | Tagged: 2016 Hot Sheet, Housing Data Twin Cities, Housing Economy, Housing Market, September Hot Sheet

Twin Cities Residential Construction Continues to Climb

July 28, 2016

After a strong June, Twin Cities residential construction activity returned to more measured growth in July. With the help of several large multifamily projects, permitted units for the month were up 25 percent compared to July 2015. Single-family permits were up 2 percent compared to last year. According to data…

Posted in Housing First Minnesota News, Market Information | Tagged: Housing Market, New Home Construction, Residential Building Permits, Twin Cities Housing Data

April Hot Sheet

April 4, 2016

INSIDE THE APRIL HOT SHEET “February’s single-family gains indicate that this sector is strengthening in line with our forecast. As the U.S. econ- omy firms, job creation continues and mortgage interest rates remain low, we should see further growth in housing production moving forward.” – NAHB Chief Economist, David…

Posted in Market Information | Tagged: 2016 Hot Sheet, April Hot Sheet, Housing Economy, Housing Market, Twin Cities Housing Data

March Hot Sheet

March 4, 2016

Inside the March Hot Sheet… “Despite the modest dip in starts this month, we expect to see ongoing, gradual growth in housing production in 2016. An improving economy, solid job creation and pent- up demand for housing should keep the market moving forward.” – NAHB Chief Economist, David Crowe…

Posted in Market Information | Tagged: 2016 Hot Sheet, Housing Economy, Housing Market, March Hot Sheet, Twin Cities Housing Market

Twin Cities Residential Construction Ends Year Slowly But Surely

January 4, 2016

Roseville, MN (January 3, 2016) –Residential construction activity closed out the year on a flat note. Even with an eight percent boost in the number of permits pulled in December (over December 2014), overall permit numbers were down one-half-of-one percent compared to 2014. According to data compiled by the Keystone…

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