The Twin Cities saw the fewest number of residential construction permits pulled for the month of March since 2015. Both single- family and multifamily permitted units fell by double digits. Single-family units fell to 339, a 12 percent drop from the 389 units in March of 2018. With permits pulled for 623 units in March 2019, multifamily fell by 24 percent compared to the 821 units permitted in March of last year.
