Image for Twin Cities Homebuilding Activity Picks Up in May

Twin Cities Homebuilding Activity Picks Up in May

Single-family permits fall by 13% year-over-year in May Homebuilding is starting to show some signs of improvement as the demand for new homes in the Twin Cities remains strong. Twin Cities builders pulled permits for 487 single-family homes in May, a 13% decrease from this time last year. While still…

Posted in Market Information | Tagged: Homebuilding permits, Housing Market Data, May building activity, May Construction, Residential construction, Twin Cities Homebuilders, Twin Cities Homebuilding

Image for May Surge in Single-Family Construction

May Surge in Single-Family Construction

Roseville, Minn. (May 31, 2018) – Twin Cities single-family homebuilders had their hottest May since 2006 and we’re not talking about the weather. For the month, the number of single-family permits pulled increased to 665, a 30 percent increase over May of last year. That’s the most single-family permits pulled…

Posted in Housing First Minnesota News, Market Information | Tagged: 2018 Permit Numbers, Home Building Industry, May Construction, New Construction, Twin Cities Housing Market