Twin Cities Building Stats

Image for Twin Cities Homebuilding Continues to Push Ahead Despite Numerous Headwinds

Twin Cities Homebuilding Continues to Push Ahead Despite Numerous Headwinds

Permits for new single-family homes continued to climb in July, despite the numerous challenges in the homebuilding process right now. Twin Cities homebuilders pulled 640 permits for new single-family homes in July, a 10% increase over last July. After several months of lackluster numbers, multifamily construction had one of its…

Posted in Housing First Minnesota News, Housing Industry, Market Information | Tagged: Housing permits, Twin Cities Building Stats, Twin Cities Housing 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 Homebuilders Increase Townhome Production

Twin Cities Homebuilders Increase Townhome Production

Roseville, Minn. (Oct. 26, 2017) – Multi-family construction spiked upwards from this time last year, with 670 permitted units, up 69 percent from October of last year. So far, this year townhome units have increased by 65 percent, but still only make up 6 percent of new residential construction. The number…

Posted in Housing First Minnesota News, Market Information | Tagged: Permit Data, Residential Building Permits, Twin Cities Building Stats, 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 See a Boost in Residential Construction in June

Twin Cities See a Boost in Residential Construction in June

Roseville, MN (June 24, 2015) – After a slow start to the year, Twin Cities residential construction picked up in June. Single-family permits were up 12 percent when compared to June 2014, while multi-family permits were up 55 percent from this time last year. According to data compiled by the…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC, Building Industry Data, Housing Economy, Twin Cities Building Stats, Twin Cities Housing Market

Image for October Hot Sheet

October Hot Sheet

“Most remodelers remain confident that the market is improving as home owners undertake renovations, large and small. The consistency and longevity of positive RMI readings are in line with the gradual recovery of the housing industry.” – Paul Sullivan, CAPS, CGR, CGP, NAHB Remodelers Chair of Waterville Valley, N.H. “Single-family…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet, Building Industry Data, Hot Sheet, Market Information, October Hot Sheet, Twin Cities Building Stats

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