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Image for Twin Cities Homebuilding Headwinds Slow Construction in August

Twin Cities Homebuilding Headwinds Slow Construction in August

The number of permits pulled in the Twin Cities for new single-family homes in August fell as measured against the same period last year for the first time in 2021. The slowdown reflects the growing number of market and regulatory challenges that continue to hinder builders’ ability to bring new…

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

Image for Twin Cities Single-Family Building Boom Continues in June

Twin Cities Single-Family Building Boom Continues in June

Permits for new single-family homes continue to surge as the Twin Cities housing market remains in short supply of homes for sale. Twin Cities homebuilders pulled 637 permits for new single-family homes in June, a 63% increase over June of 2020. Multifamily construction remains lackluster so far in 2021 making…

Posted in Housing First Minnesota News, Market Information, Uncategorized | Tagged: Housing Data Twin Cities, June Permit Numbers, New Home Data, Residential Building Permits

Image for Single-Family Construction Continues to Surge As Homebuilders Make up for Slow Spring

Single-Family Construction Continues to Surge As Homebuilders Make up for Slow Spring

The number of permits pulled for new single-family homes continued to soar in November, making up for the slow spring and bringing the total number of single-family permits for the year into the positive growth column. There were 701 permits pulled for single-family homes this month, an increase of 8%…

Posted in Housing First Minnesota News, Housing Industry, Market Information | Tagged: Homebuilding, Housing Data Twin Cities, Housing Market, New Home Data, Permit Numbers

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