Permit Data

Image for Twin Cities Homebuilding Activity Starts Year Steady

Twin Cities Homebuilding Activity Starts Year Steady

Roseville, Minn. (Jan. 25, 2018) – Residential construction activity started the year slightly down from last year, but still at the second highest rate in over a decade. There were 402 single-family permits pulled in the month of January, down 6 percent compared to January 2017. With 517 units, multifamily construction…

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

Image for Twin Cities Homebuilders Increase Townhome Production

Twin Cities Homebuilders Increase Townhome Production

Roseville, Minn. (Oct. 26, 2017) – Multi-family construction spiked upwards from this time last year, with 670 permitted units, up 69 percent from October of last year. So far, this year townhome units have increased by 65 percent, but still only make up 6 percent of new residential construction. The number…

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

Image for Another Strong Home Building Surge in March

Another Strong Home Building Surge in March

  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

Image for Residential Construction Continues to Pick up the Pace in February

Residential Construction Continues to Pick up the Pace in February

  Roseville, MN (February 28, 2017) – With housing inventory at a 14-year record low, Twin Cities residential construction continues to gather steam. February total units rose a remarkable 93 percent over this month last year, while permits were up 18 percent over February 2016. The increase in activity in…

Posted in Housing First Minnesota News, Market Information | Tagged: february permit data, Housing Data Twin Cities, Permit Data, Twin Cities Housing Market

Image for Twin Cities Residential Construction Hits 9-Year High

Twin Cities Residential Construction Hits 9-Year High

Roseville, MN (June 28, 2016) – With the help of a surge in single-family construction, June saw the most housing permits pulled in a single month since 2007. Comparing June month-over-month permits were up 19 percent compared to 2015 and single-family permits rose by 24 percent. So far, 2016 is…

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

Image for Twin Cities Residential Construction Slows in February

Twin Cities Residential Construction Slows in February

Roseville, MN (February 25, 2016) – Residential construction numbers dipped to a twelve month low in February, with a month over month 17 percent decrease in the number of permits pulled compared to 2015. Single-family production dropped month over month by 18 percent. Mulitfamily production slowed to only 24 percent…

Posted in Housing First Minnesota News, Market Information | Tagged: Builders Association of the Twin Cities, Meg Jaeger, Permit Data, Residential Building Permits, Twin Cities Housing Data, Twin Cities Housing Market

Image for Twin Cities Single Family Construction Remains Slow and Steady

Twin Cities Single Family Construction Remains Slow and Steady

Roseville, MN (May 28, 2015) – For the third month in a row residential construction failed to beat the previous year’s numbers. Single-family permits were down 12 percent when compared to May 2014, while multi-family permits were down 15 percent from this time last year. According to data compiled by…

Posted in Market Information | Tagged: BATC, Permit Data, Residential Construction Permits, Twin Cities Housing Market

Image for Twin Cities’ Residential Construction Surges with Two Large Multi-Family Projects in April 2013

Twin Cities’ Residential Construction Surges with Two Large Multi-Family Projects in April 2013

Roseville, MN (April 26, 2013) – Just released statistics for April 2013 show that while single-family homes continue strong (up nearly 27 percent), two Minneapolis multi-unit apartment buildings pushed planned units up 111 percent over April 2012. Year-to-date, the region pulled 50 percent more permits for 30 percent more units…

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

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

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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