Twin Cities Residential Construction Archives

2017 Marks Best Year in a Decade for Twin Cities Home Builders

December 27, 2017

Roseville, Minn. (Dec. 27, 2017) – Single-family construction ended the year on a high note, with a 36 percent increase in production over December 2016. Multi-family activity also had a very strong month with a 1,100 percent increase in units. Twin Cities residential construction ended 2017 with 6,113 permits pulled…

Posted in Housing First Minnesota News, Market Information | Tagged: 2017 Permit Numbers, December Permit Numbers, Twin Cities Housing Market, Twin Cities Residential Construction

Twin Cities Residential Construction Continues to Climb in May

May 31, 2017

Roseville, MN (May 31, 2017) – Although housing inventory continues to shrink, Twin Cities residential construction is moving full steam ahead with demand outpacing supply. May permit numbers revealed another month of increased activity in both single-family construction and multifamily construction. So far this year, single-family permitted units are up…

Posted in Housing First Minnesota News, Market Information | Tagged: May Permit Numbers, Minnesota Housing Market, Twin Cities Permit Numbers, Twin Cities Residential Construction

Twin Cities See Another Surge in Single-Family Construction

September 28, 2016

Due to a significant boost in single-family production, the Twin Cities saw the highest number of permits pulled in the month of September since September 2006. Month-over-month single-family construction increased by nearly 40 percent, while year-to-date single family permits are up 11 percent compared to 2015. So far this year…

Posted in Market Information | Tagged: Residential Building Permits, September Permit Data, Twin Cities Housing Data, Twin Cities Residential Construction

November Hot Sheet

December 4, 2013

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