The Building Permits for Minneapolis/St Paul and for Minnesota were released today. There were 119 more building permits issued in September over August, a nice gain. It is not enough to say we have a trend and it appears like we are still bouncing along the bottom.
Recently we have seen increased activity but we are still down for 2011 and is looking like we may end up lower than 2010. Below: The blue line is the Housing Unit Building Permits in Minnesota, the Red Line is the Housing Unit Building Permits for Minneapolis/St Paul.
Below is the 1-unit structures excluding multi-family permits.
- Housing Starts up for September 2011 (craigkamman.com)
- Minneapolis St Paul Building Permits and Housing Starts (craigkamman.wordpress.com)