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Thursday August 20, 2026

THE MINNESOTA HOUSING INDUSTRY NEWS SOURCE BY HOUSING FIRST MINNESOTA

Tag: Housing Shortage

  • How tariffs may worsen the housing shortage

    How tariffs may worsen the housing shortage

    Tariffs continue to impact homebuilders and remodelers. Since this spring, tariffs have increased the price of imported materials essential to constructing a home. These increased costs for building a home slow construction even further as the housing shortage continues to grow, raising rents and home prices. In October 2025, a 10% tariff on timber and… Read More

  • Housing Affordability Institute release highlights declining homeownership in Minnesota

    Housing Affordability Institute release highlights declining homeownership in Minnesota

    A new report released shows the decline of homeownership in Minnesota, analyzing the housing shortage and high cost of construction in the state—both significant contributing factors to the declining homeownership rate. The report, published by Housing Affordability Institute, highlights insights from Elliot Eisenberg, Ph.D., a housing economist whose experience includes previously serving as the senior… Read More

  • Study: Land use reforms would increase housing production, lower construction costs in Minnesota

    Study: Land use reforms would increase housing production, lower construction costs in Minnesota

    Analysis shows proposed legislative framework would be major step in addressing the housing shortage The question of how to address Minnesota’s housing shortage has been front of mind for lawmakers for years, and a major study by the Washington D.C.-based think tank American Enterprise Institute (AEI) shows three land use reforms would go a long… Read More

  • Housing costs elevate as a campaign issue

    Housing costs elevate as a campaign issue

    Affordability takes center stage as voters feel the squeeze of rising prices As housing costs continue to rise, the issue of housing affordability has become a critical concern for voters, increasingly shaping the conversation on the campaign trail. With many Americans feeling the squeeze of these prices, the prospect of homeownership has become a distant… Read More

  • Home prices in the Twin Cities soften, supply remains scarce

    Home prices in the Twin Cities soften, supply remains scarce

    According to new data from Minneapolis Area Realtors and St. Paul Area Association of Realtors, since last summer, housing prices have dropped 3.1% to a median sales price of $396,100. This is the largest annual decrease since December 2011. In the Twin Cities area, prices decreased significantly during April and May. However, in June, they… Read More

  • Commentary: Big Problems Require Bold, Ambitious Action – Housing Is No Different

    Commentary: Big Problems Require Bold, Ambitious Action – Housing Is No Different

    By Nick Erickson, Housing Affordability Institute Editor’s note: Housing Industry News publishes a mix of commentaries online and in print. Across the nation, legislators and governors are thinking big when it comes to housing reform. Massive issues like the housing inventory, affordability and access problems seen in a growing number of states require bold and… Read More

  • St. Cloud community leaders gather to address workforce housing shortage

    St. Cloud community leaders gather to address workforce housing shortage

    Community leaders in the St. Cloud area gathered at St. Cloud State University on March 23 to discuss the area’s growing workforce housing shortage. The event was hosted by St. Cloud State University’s School of Public Affairs and organized with additional support from United Way Central Minnesota, Central Minnesota Builders Association, CentraCare, St. Cloud Area… Read More

  • Zoning modernization takes first steps at Capitol

    Zoning modernization takes first steps at Capitol

    As the legislature moves into its third month of the 2023 session, Minnesota’s crisis-level housing supply challenge took its first step forward. Rep. Steve Elkins (DFL-Bloomington) authored HF 2235, a zoning modernization bill, calling it the ‘Legalize Affordable Housing Act’. The measure cleared its first hurdle, passing out of the House of Representatives Housing Committee.… Read More

  • Home Price Growth Returns to Historic Norms

    According to new data from Minneapolis Area REALTORS® and the St. Paul Area Association of REALTORS®, the Twin Cities market started to show signs of a return to normalcy in February. The median home sale price was up 2.7 percent to $341,995. This is compared to nearly three years of about 10 percent year-over-year increases. According to… Read More

  • Modular homes continue to be difficult to build in the Twin Cities

    Modular homes continue to be difficult to build in the Twin Cities

    As the Twin Cities continue to face a massive housing shortage, modular construction has been named as a potential partial solution, but the metro continues to create roadblocks for these builders. Modular homes can be built in 45 to 60 days and cost roughly 25% less than a conventionally built home, but most modular homebuilders… Read More

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