Just Listed brings you the latest news and information from the Twin Cities-area commercial and residential real estate market and beyond from veteran reporters Jim Buchta and Kristen Leigh Painter.

'Twas the dog days of summer for Twin Cities home builders

Posted by: Jim Buchta under Architecture Updated: August 29, 2014 - 2:44 PM

With home sales down and apartment development in a lull, home and apartment construction slowed considerably in the Twin Cities metro this month. During August home builders were issued 413 permits to build 532 units - a 50 percent decline in planned units compared with last year, according to data compiled by the Keystone Report for the Builders Association of the Twin Cities (BATC). Here were the top-five cities for construction during August:

  1. Minneapolis: 83 units.
  2. Maple Grove: 40 units
  3. Blaine: 32 units.
  4. Woodbury: 26
  5. Lakeville: 21 units

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