First Quarter Permit Activity Keeps Pace with Q1 2018 (March 2019)
Residential permit growth for the first quarter of 2019 has maintained a pace similar to the first quarter of 2018, according to the Home Builders Association of Greater Kansas City’s (HBA) monthly Residential Building Permit Statistics report. The 1,415 units permitted through March 2019 is similar to the level of activity in 2018’s first quarter, which was 1,453. Instead of single-family permitting leading the growth however, this year’s first quarter permitting was more evenly split with 809 single-family permits and 846 multi-family permits issued.
Overland Park, Kan., has recorded the highest number of permits so far in 2019 with 147 permits pulled. Rounding out the top five are Blue Springs with 53; Lee’s Summit with 43 permits; Olathe with 39; and Grain Valley with 31.
“A healthy housing industry means more jobs and a stronger economy,” said Will Ruder, HBA Executive Vice President. “Building homes enhances the property tax base that sustains our local schools and first responders, among other services. With 403 new homes on the Spring Parade of Homes across the metro, residential construction is clearly an important industry to the entire region.”
Click here for the March 2019 Residential Statistics Permit report.