Housing Market

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November Hot Sheet

INSIDE THE NOVEMBER HOT SHEET “It is not surprising to see sales pull back in September following a strong August reading, especially after a few months of weak job creation. However, new-home sales year-to-date are up 17.6 percent compared to the same period of 2014, and we expect the market…

Posted in Housing First Minnesota News, Market Information | Tagged: 2015 Hot Sheet, Builders Association of the Twin Cities, Housing Data Twin Cities, Housing Economy, Housing Market

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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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November Hot Sheet

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

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October Hot Sheet

“A spike in mortgage interest rates along with the paralysis in Washington that led to the government shutdown and uncertainty regarding the nation’s debt limit have caused builders and consumers to take pause. However, interest rates remain near historic lows and we don’t expect the level of rates to have…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet, Building Industry Hot Sheet, Hot Sheet, Housing Market, October Hot Sheet 2013

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May Hot Sheet

From the May 2013 Hot Sheet: “A correction from an unsustainably high level of production on the volatile multifamily side was largely responsible for a 16.5 percent dip in nation-wide housing starts to a seasonally adjusted annual rate of 853,000 units in April, according to newly released figures from HUD…

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

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