Permit Activity Remains Strong in 2016 (Sept. 2016)
The third quarter of 2016 ended with 418 permits issued during September, according to the Home Builders Association of Greater Kansas City’s (HBA) monthly Residential Building Permit Statistics report. Year-to-date total permits are the highest in nine years with 4,270 single family permits compared to 2015 with 3,449. Permit activity through September has increased 24% as compared to 2015 at this time. Multi-family construction is at its highest level in a decade, with 459 units permitted during September, bringing the year-to-date total to 3,521.
Click September 2016 Residential Permit Stats for the report.
“Many builders reported their busiest Parade of Homes ever,” said Marcia Jurgens, HBA Vice President of Administration, “and they echo the confidence reported in the latest Housing Market Index report from the National Association of Home Builders/Wells Fargo.”
With every county in the eight-county region reporting an increase in permits from 2015, home buyers should be able to find a new home in any area of the metro. Cass County, in particular, has more than doubled in the number of permits issued this year with the cities of Belton, Harrisonville, Peculiar, Pleasant Hill, Raymore, and unincorporated areas of the county all showing double digit increases in permit numbers. Growth north of the river allows Kansas City, Missouri to continue to top the list of area cities in number of permits issued with 887 (an increase of 169 from 2015); it is followed by Olathe with 469, Overland Park with 341, Lee’s Summit at 271 and Kansas City, KS/Wyandotte County rounding out the top five at 201.