September Permit Data

Image for Twin Cities Homebuilding Activity Continues to Slow With Mounting Market Challenges

Twin Cities Homebuilding Activity Continues to Slow With Mounting Market Challenges

For the second month in a row single-family construction in the Twin Cities saw a drop in activity when compared to the same month of the previous year. The slowdown reflects the growing number of market and regulatory challenges that continue to hinder builders’ ability to bring new homes to…

Posted in Market Information | Tagged: Builders Association of the Twin Cities, Housing Data Twin Cities, Housing Market Data, September Permit Data, Twin Cities Home Builders

Image for Twin Cities See Another Surge in Single-Family Construction

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

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