2020 Single-Family Permits on Track to Surpass 2019 Total (October 2020)
More than 500 single family permits were pulled in October, according to statistics compiled by the Home Builders Association of Greater Kansas City (KCHBA). 4,496 permits have been issued between January 1st and October 31st of this year, an increase from last year at this time when 3,810 permits had been pulled. At this rate, the Kansas City area is on pace to surpass the 4,654 total single-family permits pulled in 2019.
Click here to view the October 2020 Residential Stat Report.
Kansas City, Mo., issued the most single-family permits in October with 56, followed by Olathe, Kan., with 50; Blue Springs, Mo., with 43; Lee’s Summit, Mo., with 40; and Gardner, Kan., with 38.
“Single-family construction is up 8.6 percent year-to-date nationally and nearly 10 percent in the Midwest according to U.S. Department of Housing and Urban Development,” said KCHBA Executive Vice President Will Ruder. “As cities and counties across the metro feel the fiscal effects of Covid-19, single family construction has been a bright spot. The members of the KCHBA pledge to continue to work with the communities we serve as we seek to offset these fiscal challenges so that even more of our fellow Kansas Citians are able to take advantage of this historically low interest rate environment.”