The Builders Association of the Twin Cities (BATC) released their latest Hot Sheet for October. It is a nice recap of what you have been reading on this blog for October. They do a great job of summarizing all the graphs and information into an easy to read flyer, it is worth your time to read.
Stable Trend Continues Twin Cities Residential Construction
New residential construction in the Twin Cities remains relatively stable, with single family construction leading the way. The region had more permits pulled in September than in any other month during the past year, and more than any September since 2007. Multi-family construction has dropped, however, with September units down over 40 percent from September 2010, and making up less than 35 percent of total units year to date. According to statistics compiled by the Keystone Report for the Builders Association of the Twin Cities (BATC), there were 272 permits for a total of 352 units during four weeks in the month of September, 2011. Year-to date, there were 2,161 permits issued for a total of 3,141 units.
Read Full Hot Sheet
- BATC October New Members (batcpls.org)