Residential Construction Permits Archives

Twin Cities Home Building Activity Continues Slow Pace

October 28, 2015

Roseville, MN (October 28, 2015) – With a drop in the number of permits pulled in October, Twin Cities residential construction fell two percent when comparing year to date statistics over last year. For 2015, single-family permits remain relativity flat, down only one percent from the same time period in…

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

Twin Cities Single Family Construction Remains Slow and Steady

May 28, 2015

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

Twin Cities Residential Construction During October 2014 Remained Lackluster

October 29, 2014

While year-to-date residential permit statistics remain behind 2013, an 18 percent increase in planned units in October (over October 2013) helped reduce the year-to-date decline. Total year-to-date units permitted at the end of October are down 4.4 percent over the same time period in 2013, an improvement over year-to-date numbers…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Residential Construction Permits, Shawn Nelson

September 2014 Twin Cities Residential Construction Remains Tentative

September 30, 2014

Residential construction in the region continues to under perform expectations, with total year-to-date planned units permitted dropping behind 2013 for the first time. Planned units were down over eight percent for the year, while single family permits were down by 7.5 percent. According to data compiled by the Keystone…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Parade of Homes, Residential Construction Permits, Shawn Nelson

Lackluster Performance in Twin Cities Residential Construction for August 2014

August 28, 2014

Residential construction met the dog days of August this year, showing lackluster performance in both single family and multi-family construction. Planned units were down over 50 percent from August 2013, bringing year-to-date totals at just 0.5 percent more than at the same time last year. While overall indicators have remained…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Residential Construction Permits, Shawn Nelson

Twin Cities Residential Construction Revs Up in July 2014

July 31, 2014

Residential permitting heated up in July, with permits running higher than during any month since October 2013. Planned units are up almost 30 percent in July 2014 over July 2013, and almost 14 percent over year-to-date. Permits for the month, however, remain more than 16 percent below permits issued in…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Residential Construction Permits, Shawn Nelson

Multi-Family Permits Boosts Twin Cities Residential Construction for June 2014

June 30, 2014

Residential construction permitting activity jumped again in June, with several large multi-family buildings leading the way. Permits for the month were down by over 16 percent from June 2013, but units were up by 37 percent. The drop in permits was due to a 17 percent drop in single family…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Residential Construction Permits, Shawn Nelson

Twin Cities Residential Construction Slower in May, 2014

May 29, 2014

Residential construction permitting activity continued to show signs of slowing for the month of May, primarily in multi-family construction. Permits for the month were down about seven percent over May 2013 while units were down by 33 percent. Year-to-date, permits are also down by a bit over one percentage point,…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Residential Construction Permits, Shawn Nelson

Twin Cites Residential Construction Permitting Remained Strong in October 2013

October 30, 2013

Just-released permit statistics showed that residential construction in the Twin Cities region remains strong. Single-family homes for the month (538) helped push the numbers up, showing an almost 40 percent increase over permits for single family homes in October 2012 (386). Year-to-date activity continues to surpass 2012, up 29…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, new homes, Pamela Belz, Residential Construction Permits

August Continues Growth Trend for Twin Cities Residential Construction

August 30, 2013

Both single family and multi-family home permitting was up for the month of August 2013, showing continued strength in the new construction market. A total of 3,315 single family homes were permitted so far in 2013, up 31 percent over January through August 2012. Year-to-date, multi-family construction is also up…

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