March Housing Permits Archives

Twin Cities Homebuilding Sails into Spring

March 31, 2022

Multifamily construction roared back into action in March. While single-family construction lagged last March’s permit numbers, it still recorded the second-best March in over 15 years. Permits for new single-family homes in the Twin Cities dropped by 8% in March 2022 with 574 permitted units. Multifamily construction, including townhomes, saw…

Posted in Housing First Minnesota News, Market Information | Tagged: March Housing Permits, Multifamily construction, Residential Building Permits, Single-family Construction, Twin Cities Home Construction, Twin Cities Homebuilding

Twin Cities Home Building Permits Hit 4-Year Low in March

March 28, 2019

The Twin Cities saw the fewest number of residential construction permits pulled for the month of March since 2015. Both single-family and multifamily permitted units fell by double digits. Single-family units fell to 339, a 12 percent drop from the 389 units in March of 2018. With permits pulled for…

Posted in Housing First Minnesota News, Market Information | Tagged: 2019 Residential Permits, March Housing Permits

Another Strong Home Building Surge in March

March 30, 2017

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