Residential Housing permits

Image for Homebuilding Cooldown Continues in November

Homebuilding Cooldown Continues in November

Permits for new Twin Cities single-family homes fell 37% in November Uncertain economic conditions and interest rates continue to have a chilling impact on homebuilding activity. For the month of November, homebuilders pulled permits for 389 new single-family homes, a 37% drop from last year. Multifamily construction activity…

Posted in Housing First Minnesota News, Market Information, Uncategorized | Tagged: Homebuilding permits, Housing Data Twin Cities, November Housing Permits, Residential Housing permits, Twin Cities Building Market

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 Residential Construction Permits Remains At 10-Year High

Twin Cities Residential Construction Permits Remains At 10-Year High

Coming off its best summer since 2006, the Twin Cities saw continued growth in new home permits in September. The number of residential building permits pulled in September soared 14.25 percent to 601 units compared to 526 in 2016. In September, the number of single-family permits rose 10 percent, with…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Residential Housing permits, Twin Cities New Homes

Image for Twin Cities Residential Construction Steadily Climbs in August

Twin Cities Residential Construction Steadily Climbs in August

Roseville, MN (August 27, 2015) – Despite seeing month over month improvements for the past two months, the Twin Cities’ residential construction remains flat for the year. While single-family permits were up 13 percent when compared to August 2014, year to date remains flat with a rise of less than…

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

Image for Twin Cities Residential Construction Levels Off as Year Ends

Twin Cities Residential Construction Levels Off as Year Ends

Roseville, MN (December 30, 2014) –Residential construction activity ended the year similarly to how it started. December saw an increase in permitted units compared to November, but overall units were down one percent compared to 2013. According to data compiled by the Keystone Report for the Builders Association of the…

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

Image for Slight Rise for Twin Cities Residential Construction in November, 2014

Slight Rise for Twin Cities Residential Construction in November, 2014

Roseville, MN (November 26, 2014) – Several multi-family projects permitted in November 2014 helped the monthly units surpass November of 2013 totals by 34 percent. While the year-to-date units remain behind 2013, November’s activity more than halved the lag to just two percent. According to data compiled by the…

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

Image for April 2014 Twin Cities Residential Construction Activity Continues Relatively Flat

April 2014 Twin Cities Residential Construction Activity Continues Relatively Flat

Permitting activity for new residential construction showed a slight drop for the month of April 2014, keeping overall year-to-date activity relatively flat. The month saw single-family permits down about three percent, permits down by six percent and units down by nine percent. Year-to-date, permits are also down by less than…

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

Image for Twin Cities Residential Construction Remains Steady

Twin Cities Residential Construction Remains Steady

In contrast to the weather this March, local builders kept the residential housing market on a stable track. The month remained virtually unchanged in single-family permitting, but did see an eight percent drop in total units from March 2012, all from the more volatile multi-family market. So far, permits are…

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

Image for Twin Cities Residential Construction Continues Apace

Twin Cities Residential Construction Continues Apace

Roseville, MN (February 27, 2014) – While snow and cold continued to dampen spirits in Minnesota throughout February, residential construction permit activity remained relatively strong. While single family permits dipped below February 2013 by 14 percent, permits for multi-family units rose by 30 percent. And, so far this year, permits…

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

Image for 2014 Starts Strong for Twin Cities Residential Construction

2014 Starts Strong for Twin Cities Residential Construction

Continuing on the growth trend set in 2013, the Minneapolis/St. Paul region had strong residential permit activity this January. Builders pulled 15 percent more permits for 51 percent more units in January 2014 than they did in January 2013. Single family permits were up by 15 percent also, while large…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC, Residential Housing permits, Shawn Nelson

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