Twin Cities building permits 'bouncing on the bottom'

According to Finance & Commerce, the volume of local building permits remains down from last year, but local builders are seeing some pockets of solid sales in the market.

The monthly Keystone Report compiled for the Builders Association of the Twin Cities (BATC) reports 257 building permits for 370 units of housing across the metro for July with a dollar value of $82.25 million. Last year, there were 250 permits for 288 units with a value of $72.57 million.