Image for November Hot Sheet

November Hot Sheet

INSIDE THE NOVEMBER HOT SHEET: Just-released permit statistics showed that residential construction in the Twin Cities region remains strong. Single-family homes for the month (538) helped push the numbers up, showing an almost 40 percent increase over permits for single family homes in October 2012 (386). Year-to-date activity continues to…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet 2013, Building Industry, Hot Sheet, Housing Market, November Hot Sheet, Twin Cities Housing, Twin Cities Housing Market, Twin Cities Residential Construction

Image for Single Family Homes Keep Twin Cities’ Residential Construction on Growth Curve

Single Family Homes Keep Twin Cities’ Residential Construction on Growth Curve

While multi-family permits were down for the month, single family construction remained strong, maintaining on-going growth for the region’s residential construction. Just released permit statistics show single family permits issued in July, 2013 (509) are higher than in any single month in six years (since June 2007 which had 537…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Pamela Belz, Residential Construction Permits, Twin Cities Housing Market

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May Hot Sheet

From the May 2013 Hot Sheet: “A correction from an unsustainably high level of production on the volatile multifamily side was largely responsible for a 16.5 percent dip in nation-wide housing starts to a seasonally adjusted annual rate of 853,000 units in April, according to newly released figures from HUD…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC Hot Sheet, Hot Sheet, Housing Market, Market Information, May Hot Sheet, Twin Cities Housing Market

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March Hot Sheet

“Today’s report indicates that, despite some bumps in the road, overall housing production continues on the solid upward trend that we saw throughout 2012. Moreover, further gains in permit issuance are a positive sign that home construction will continue to drive economic and job growth in the coming months…” –…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet, Builders Association of the Twin Cities, Hot Sheet, Housing Industry, March 2013 Hot Sheet, March Hot Sheet, Market Information, Market News, Twin Cities Housing Market