Minnesota Housing Market

Image for Twin Cities Permits for New Homes Continue to Fall in September

Twin Cities Permits for New Homes Continue to Fall in September

Homebuilders in the Twin Cities metro continued to see a scale back in construction activity in September. For the month, homebuilders pulled 410 permits for new single-family homes, a 27% drop from last September. Multifamily construction picked up in September, with permits pulled for 1,221 units an increase of 6%…

Posted in Market Information | Tagged: Housing First Minnesota, Housing permits, Minnesota Housing Market, New Homes Twin Cities, Residential Building Permits, Twin Cities Housing Data, Twin Cities Permits

Image for Twin Cities Homebuilding Continues Cool Down in August

Twin Cities Homebuilding Continues Cool Down in August

It was another slow month for Twin Cities homebuilders as permits for new single-family homes continue to fall. For the month, builders pulled 344 permits for new single-family homes, a 28% drop from last August. Multifamily construction slowed from the high pace of the previous months this year, but it…

Posted in Housing First Minnesota News, Market Information | Tagged: Housing permits, Housing Units, Minnesota Housing Market, Permit Numbers, Twin Cities Homebuilding, Twin Cities Housing Market, Twin Cities Residential Permits

Image for Twin Cities Single-Family Homebuilding off to Strong Start

Twin Cities Single-Family Homebuilding off to Strong Start

Homebuilders are off to another busy start to the year. Single-family construction in the Twin Cities kicked off the first month of 2022 with double-digit gains over January of last year with 606 permits pulled, a 12% increase over 2021. Townhome construction and small multifamily projects (16 units or less)…

Posted in Housing First Minnesota News, Market Information | Tagged: Housing First Minnesota, January Permits, Minnesota Housing, Minnesota Housing Market, Single-family Construction, Twin Cities Home Construction, Twin Cities Housing Permits

Image for Renewed Surge in Residential Construction in November

Renewed Surge in Residential Construction in November

Roseville, Minn. (Nov. 30, 2017) – After a flat October, Twin Cities home builders made up for it in November. The number of single-family permits pulled in November spiked to 586, increasing 30 percent over November last year. Multifamily construction had its best month this year with 1,306 permitted units,…

Posted in Housing First Minnesota News, Market Information | Tagged: Builders Association of the Twin Cities, Housing First Minnesota, Minnesota Housing Market, Single-family Construction, Twin Cities Housing Market, Twin Cities Permit Data

Image for Twin Cities Residential Construction Continues to Climb in May

Twin Cities Residential Construction Continues to Climb in May

Roseville, MN (May 31, 2017) – Although housing inventory continues to shrink, Twin Cities residential construction is moving full steam ahead with demand outpacing supply. May permit numbers revealed another month of increased activity in both single-family construction and multifamily construction. So far this year, single-family permitted units are up…

Posted in Housing First Minnesota News, Market Information | Tagged: May Permit Numbers, Minnesota Housing Market, Twin Cities Permit Numbers, Twin Cities Residential Construction

Image for The April Hot Sheet

The April Hot Sheet

INSIDE THE APRIL HOT SHEET “While there is an increasing demand for housing inventory, our builders are facing serious roadblocks trying to construct more entry-level homes. We are working with the MN REALTORS this year at the Capitol to support a package of common-sense legislative proposals that aim to protect…

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

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