Housing Permits Ten Month Total Surpasses Past Years’ Twelve Month Totals
Housing production continues to climb in cities across the Greater Kansas City Metropolitan Area. In fact, the year to date single family total of 3,463 is higher than the entire yearly totals for 2008-2012. Trends show the fourth quarter is off to a strong start as builders make plans for the winter months. Multi-family housing production continues to climb as October added another 395 units bringing the yearly total to 2,493, according to the Home Builders Association of Greater Kansas City’s (HBA) monthly Residential Building Permit Statistics report. Combined permits take the total to 5,956.
“Once again year to date single family permits numbers are showing a 27 percent increase over the same time period in 2012,” said Executive Vice President Sara Corless. “Builders keep talking about crossing the 4,000 single family permit threshold for the year which would be a psychological victory at a minimum.” For comparison, reports show October 2007 year to date single family numbers totaled 5,687.
Metro wide counties have either increased or remained relatively unchanged year to date with two smaller counties reflecting the highest percentage increases. Leading the way is Leavenworth County which is up by 98 percent followed by Miami County which is up 96 percent. The larger counties show Jackson County up by 36 percent, Johnson County up by 34 percent, Cass County up by 31 percent, Wyandotte County up by 26 percent, and Platte County up by 20 percent.