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 Janet Moore.

'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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