Permit Data

Image for 2013 Begins Strong for Twin Cities’ Residential Construction

2013 Begins Strong for Twin Cities’ Residential Construction

Residential housing permits came on strong in spite of the frigid weather in January. Permits were up almost 70 percent over those issued in the month of January 2012, while planned units were more than 50 percent higher. The figures continue the trend that ended 2012 with nearly twice as…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, new homes, Pamela Belz, Permit Data, Residential Construction Permits

Image for Twin Cities’ Residential Construction Ends 2012 with Strong Gains

Twin Cities’ Residential Construction Ends 2012 with Strong Gains

Year end permit data shows that the Twin Cities residential housing nearly doubled in 2012 over 2011 (units showed a 99.5 percent increase). Of those totals, single-family construction improved from 2,818 to 4,058 homes permitted year-over-year, while multi-family residential units were even stronger, increasing from 1,708 to 4,977. According to…

Posted in Housing First Minnesota News, Market Information | Tagged: 2012, Builders Association of the Twin Cities, new homes, Permit Data, Residential Construction Permits

Image for Twin Cities’ Residential Construction Continues Strong in November 2012

Twin Cities’ Residential Construction Continues Strong in November 2012

Twin Cities residential housing continues to rebound in 2012, with November permits showing a nearly three-fold increase over November of 2011. At 68 percent of the units permitted in November, multi-family construction remains very healthy. Single family home construction also continues to show strength, running about two-times higher than last…

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

Image for Residential Construction surged in October 2012

Residential Construction surged in October 2012

The regional housing market continues to show strength as total units permitted to date this year are up 96 percent from 2011. The total was helped by 844 units in five large multi-family residential projects which pushed October’s units permitted higher than any September since 2005, and a whopping 247…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC, new homes, Permit Data, Residential Construction Permits

Image for Twin Cities’ Residential Construction Showed Continued Strength in September

Twin Cities’ Residential Construction Showed Continued Strength in September

FOR IMMEDIATE RELEASE September was a good month for new residential construction in the Twin Cities. Almost 90 percent more units were permitted in September 2012 than in September 2011. And, September had the third highest number of units permitted this year, behind only July and August. According to statistics…

Posted in Market Information | Tagged: BATC, Builders Association of the Twin Cities, Permit Data, Residential Construction Permits

Image for Twin Cities Residential Construction Continues to Grow (August, 2012)

Twin Cities Residential Construction Continues to Grow (August, 2012)

August permit statistics show another strong month of growth for new construction. Units permitted in August, 2012, more than doubled the rate in August, 2011; and year-to-date, units were up almost 80 percent over this time last year. Large multi-family projects added to the month’s totals, with Minneapolis permitting two…

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

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