About the Keystone Report

Your Local Market Snapshot

The Keystone Report is a Minnesota research firm that tracks new residential construction permits around the Twin Cities metropolitan area and beyond. After a builder has picked up the permit from a city, Keystone Report compiles and updates weekly residential housing permits by city for 70% of the metropolitan-area municipalities in the greater 13-county region.

Inside the Report

Each Keystone Report takes a dive into the number of permits pulled, the number of planned units for each permit, and the total valuation of the permit. Planned units are the total number of housing units planned to be built under the permits issued (one permit is issued per building which may include more than one housing unit). Permit value does not include the land/lot costs.

  • A ranked list of metro builders by total valuation of all permits pulled.

  • Insights into which cities each builder is active in.

  • A full list of permitted units by each builder organized by city. Also, includes a comparison to the previous year.

  • A monthly and yearly recap of the number of permits and units issued so far in each metro city included in the Keystone Report.

  • A weekly update of each permit pulled in the Keystone area. Also, a weekly comparison report that compares single-family vs. Multifamily as well as each month’s permit activity compared to the previous year at the same time.

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