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 Lennar Tops the List of Twin Cities Builders for 10th Year in a Row

Lennar Tops the List of Twin Cities Builders for 10th Year in a Row

Roseville, MN (March 24, 2016) – Results from a recent survey by the Builders Association of the Twin Cities (BATC) show that Lennar – Minneapolis/St. Paul was the region’s top ranked builder once again in 2015. Lennar has held the top spot since 2006. Rankings are based on annual gross…

Posted in Housing First Minnesota News, Market Information | Tagged: Top 25 Builders List, Twin Cities Home Builders, 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 Off to a Good Start

Twin Cities Residential Construction Off to a Good Start

Roseville, MN (January 29, 2016) – Residential construction started the year with a significant boost in activity compared to January 2015. Month over month, January saw a 31 percent increase in the number of permits pulled and a 32 percent increase in the number of units, compared to 2015. Mulitfamily…

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

Image for January Hot Sheet

January Hot Sheet

Inside the January Hot Sheet “The November gains in both single- and multifamily starts show that the overall market continues to move forward. As builders anticipate more consumer demand for housing, they should continue to add inventory.” – NAHB Chairman, Tom Woods Download the January Hot Sheet…

Posted in Housing First Minnesota News, Market Information | Tagged: Building Industry Market News, Housing Data, January Hot Sheet, Twin Cities Housing Market

Image for Twin Cities Residential Construction Ends Year Slowly But Surely

Twin Cities Residential Construction Ends Year Slowly But Surely

Roseville, MN (January 3, 2016) –Residential construction activity closed out the year on a flat note. Even with an eight percent boost in the number of permits pulled in December (over December 2014), overall permit numbers were down one-half-of-one percent compared to 2014. According to data compiled by the Keystone…

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

Image for December Hot Sheet

December Hot Sheet

Inside the December Hot Sheet “Sales this year are running 15.7 percent ahead of 2014. With a firming job market, affordable home prices, and rising pent-up demand, today’s report is another indicator that the housing market continues to move on a modest upward trajectory.” – NAHB Chief Economist, David Crowe…

Posted in Housing First Minnesota News, Market Information | Tagged: 2015 Hot Sheet, December Hot Sheet, Housing Data, Housing Economy, Twin Cities Housing Market

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