Residential Building Permits

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 Continues Strong Pace

Twin Cities Residential Construction Continues Strong Pace

An increase in single-family production in May helped put 2016 on pace to be one of the strongest starts to the year for residential construction since 2007. Month-over-month May permits pulled were up 38 percent compared to 2015 and units were up 60 percent. Year-to-date permits are up 16 percent…

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

Image for Twin Cities Residential Construction Continues Modest Climb

Twin Cities Residential Construction Continues Modest Climb

Roseville, MN (April 2, 2016) – Year to date 2016 is off to the strongest start for number of residential construction permits pulled since 2007. Single-family production continued its upward trend with a three percent increase year-to-date. Multifamily production picked up in April with the help of several large projects,…

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

Image for Twin Cities Single Family Construction Picks Up in March

Twin Cities Single Family Construction Picks Up in March

Roseville, MN (March 25, 2016) – March residential construction hit a ten-year month over month high with a 22 percent increase in the number of permits pulled compared to 2015. Single-family production inched up with a two percent increase year-to-date, while multifamily production remains slow, making up only 37 percent…

Posted in Housing First Minnesota News, Market Information | Tagged: Housing Economy, New Home Construction, 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 Residential Construction Remains Steady in July 2015

Twin Cities Residential Construction Remains Steady in July 2015

Twin Cities’ residential construction continued its somewhat lackluster performance during July. While single-family permits were up 3.6 percent when compared to July 2014, year to date remains down by a bit over one percent. Multi-family permits remained down, now at nearly 12 percent behind this time last year. According to…

Posted in Housing First Minnesota News, Market Information | Tagged: Chris Contreras, Residential Building Permits, Twin Cities Housing Market

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