August 2022 Residential Statistics Report
Single-Family Permits Up in August, Down Year-to-Date
The number of single-family permits issued increased 9 percent in August from July’s 439, according to the Home Builders Association of Greater Kansas City’s (KCHBA) monthly Residential Building Permit Statistics report. Year to date, however, permits are down 14 percent.
The number of permits issued nationwide decreased in August and are down 7 percent for the year, which indicates that the housing market is continues to cool as rising construction costs, elevated mortgage rates and supply chain disruptions continue to act as a drag on the market, according to the National Association of Home Builders (NAHB).
Kansas City, Mo., recorded the highest number of permits in August with 89 in its three-county reach. Grain Valley had the second highest number of permits issued with 76 units. Overland Park issued 36 single-family permits, Olathe issued 33 single-family permits and Gardner issued 31 single-family permits in August.
Click here to view the August 2022 Residential Statistics Report.