Residential Building Permits

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May Hot Sheet

INSIDE THE MAY HOT SHEET “Strong homebuilding activity is a great sign for all of Minnesota, but our builders are still struggling to create entry-level housing, a key part of the housing market. We are working with the MN REALTORS this year at the Capitol to support a package of…

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

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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

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2016 Marks Best Year for Residential Construction in a Decade

Continued growth in single-family construction in 2016 pushed the Twin Cities residential construction permit numbers to a high we haven’t seen since 2006. For the year total permits were up 11 percent over last year, while total units were up just one percent from 2015. Single-family permits ended the year…

Posted in Housing First Minnesota News, Market Information | Tagged: 2016 Housing Market, December Permit Numbers, Residential Building Permits, Twin Cities Housing Market

Image for New Construction Closes Out Year with Surge in Single-Family Homes

New Construction Closes Out Year with Surge in Single-Family Homes

Roseville, MN (October 26, 2016) –The Twin Cities are on pace for the largest single-family construction growth since 2013. For the third month in a row, single-family activity increased by over 20 percent from 2015. Multifamily construction got a boost in November as well from several large projects in Minneapolis,…

Posted in Market Information | Tagged: Housing Data Twin Cities, november permit data, Residential Building Permits, Twin Cities Market Information

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Twin Cities See Another Surge in Single-Family Construction

Due to a significant boost in single-family production, the Twin Cities saw the highest number of permits pulled in the month of September since September 2006. Month-over-month single-family construction increased by nearly 40 percent, while year-to-date single family permits are up 11 percent compared to 2015. So far this year…

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

Image for Twin Cities Residential Construction Activity Stalls in August

Twin Cities Residential Construction Activity Stalls in August

While single-family construction continued to climb in August, it wasn’t enough to keep the five-month new residential construction hot streak alive. For the first time in five-months, permit numbers took a slight dip, down one percent when compared to this month last year. Year-to-date single family permits are up 10…

Posted in Market Information | Tagged: New Construction, Residential Building Permits, Twin Cities Building Market, Twin Cities Housing Data

Image for Twin Cities Residential Construction Continues to Climb

Twin Cities Residential Construction Continues to Climb

After a strong June, Twin Cities residential construction activity returned to more measured growth in July. With the help of several large multifamily projects, permitted units for the month were up 25 percent compared to July 2015. Single-family permits were up 2 percent compared to last year. According to data…

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

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