Twin Cities Permits

Image for Twin Cities Permits for New Homes Continue to Fall in September

Twin Cities Permits for New Homes Continue to Fall in September

Homebuilders in the Twin Cities metro continued to see a scale back in construction activity in September. For the month, homebuilders pulled 410 permits for new single-family homes, a 27% drop from last September. Multifamily construction picked up in September, with permits pulled for 1,221 units an increase of 6%…

Posted in Market Information | Tagged: Housing First Minnesota, Housing permits, Minnesota Housing Market, New Homes Twin Cities, Residential Building Permits, Twin Cities Housing Data, Twin Cities Permits

Image for Permits For New Single-Family Homes in the Twin Cities Hit May Slump

Permits For New Single-Family Homes in the Twin Cities Hit May Slump

While multifamily construction continues to soar ahead, single-family construction shows signs of strain on the market. There were 559 permits pulled for new single-family homes for the month, an 18% drop from May of last year. Permits were pulled for 1,529 multifamily units, more than a 450% increase from last…

Posted in Housing First Minnesota News, Market Information | Tagged: Housing Data Twin Cities, Residential Building Permits, Single-family Construction, Twin Cities Permits

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