Image for Twin Cities Gets a Residential Construction Boost in November

Twin Cities Gets a Residential Construction Boost in November

Roseville, MN (November 30, 2015) – Several large multi-family projects in Minneapolis gave Twin Cities residential construction a boost in November. Multi-family units accounted for 73 percent of the month’s total activity and brought the total number of year to date units to the plus side (up .5 percent). Single-family…

Posted in Market Information | Tagged: BATC, Housing Data, Housing Economy, Twin Cities Housing Market

Image for Twin Cities Home Building Activity Continues Slow Pace

Twin Cities Home Building Activity Continues Slow Pace

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

Image for Twin Cities Residential Construction Remains Steady in July 2015

Twin Cities Residential Construction Remains Steady in July 2015

Twin Cities’ residential construction continued its somewhat lackluster performance during July. While single-family permits were up 3.6 percent when compared to July 2014, year to date remains down by a bit over one percent. Multi-family permits remained down, now at nearly 12 percent behind this time last year. According to…

Posted in Housing First Minnesota News, Market Information | Tagged: Chris Contreras, Residential Building Permits, Twin Cities Housing Market

Image for MEDIA ADVISORY: Builders Association of the Twin Cities to Hold Mid-Year Economic Update with Insights from National Economist

MEDIA ADVISORY: Builders Association of the Twin Cities to Hold Mid-Year Economic Update with Insights from National Economist

What:** The Builder’s Association of the Twin Cities mid-year economic residential outlook breakfast titled Eggs and Economics. This year’s keynote speaker is Robert Dietz with the National Association of Home Builders (NAHB). Dietz will be providing expert insights into the national and local economy as well as the future of…

Posted in Housing First Minnesota News | Tagged: Economy, Eggs and Economics, Housing Economy, Twin Cities Housing, 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 Twin Cities Single Family Construction Remains Slow and Steady

Twin Cities Single Family Construction Remains Slow and Steady

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