Market Information

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Twin Cities Residential Construction Continues Strong Pace

An increase in single-family production in May helped put 2016 on pace to be one of the strongest starts to the year for residential construction since 2007. Month-over-month May permits pulled were up 38 percent compared to 2015 and units were up 60 percent. Year-to-date permits are up 16 percent…

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

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October Hot Sheet

“Most remodelers remain confident that the market is improving as home owners undertake renovations, large and small. The consistency and longevity of positive RMI readings are in line with the gradual recovery of the housing industry.” – Paul Sullivan, CAPS, CGR, CGP, NAHB Remodelers Chair of Waterville Valley, N.H. “Single-family…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet, Building Industry Data, Hot Sheet, Market Information, October Hot Sheet, Twin Cities Building Stats

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January Hot Sheet, Download it Now!

INSIDE THIS ISSUE: NAHB: 2014 4Q Remodeler’s Index; Builder Confidence Index UST Minneapolis St. Paul Residential Real Estate Index – December 2013 Twin Cities Building Activity – Year to Date “Consumers are getting used to more realistic mortgage rates, which still remain favorable on a historical basis.” David Crowe, NAHB…

Posted in General, Market Information | Tagged: BATC Hot Sheet, Builders Association of the Twin Cities, Building Industry Market News, Hot Sheet, January 2014 Hot Sheet, Market Information, Public Policy, Twin Cities Building

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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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March Hot Sheet

“Today’s report indicates that, despite some bumps in the road, overall housing production continues on the solid upward trend that we saw throughout 2012. Moreover, further gains in permit issuance are a positive sign that home construction will continue to drive economic and job growth in the coming months…” –…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet, Builders Association of the Twin Cities, Hot Sheet, Housing Industry, March 2013 Hot Sheet, March Hot Sheet, Market Information, Market News, Twin Cities Housing Market

Image for March 2013 Permits: Single-Family Homes Continue to Drive Twin Cities’ Residential Construction Growth

March 2013 Permits: Single-Family Homes Continue to Drive Twin Cities’ Residential Construction Growth

Roseville, MN (March 28, 2013) – Just released permit figures show that new residential construction in the Twin Cities remains strong, with single family homes leading the way. Permits for single-family homes were up by 53 percent for the month (349 in March 2013, 228 in March 2012) and more…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Market Information, Market News, New Home Construction, Permit Data, Residential Construction Permits

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Twin Cities 2012 Top-Volume Builder Ranking

Results from a recent survey by the Builders Association of the Twin Cities (BATC) show that Lennar – Minneapolis/St. Paul was the region’s top-ranked builder once again in 2012. Lennar has held the top spot since 2006. Rankings are based on annual gross revenue as reported by respondents for…

Posted in Housing First Minnesota News, Market Information | Tagged: Builders Association of the Twin Cities, Home Builders, Housing, Market Information, New Home Construction, new homes, Top 25 Builders List, Twin Cities Top Builders

Image for Single-Family Permits Continue Growth Trend for Twin Cities’ Residential Construction

Single-Family Permits Continue Growth Trend for Twin Cities’ Residential Construction

While multi-family units dropped to just 10 percent of February’s totals, single-family permits remained very strong. Permits were up 61 percent for the month and 80 percent year-to-date over 2012. Total units were also up year-to-date by 18.5 percent. According to data compiled by the Keystone Report for the Builders…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Market Information, Permit Data

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