March 2024 Residential Statistics Report

2024 Q1 Permits Up Significantly from Last Year

A total of 1,036 single-family permits issued in the first quarter of 2024, up 49 percent from the same time in 2023 when only 696 single-family permits were issued, according to statistics compiled by the Home Builders Association of Greater Kansas City (KCHBA). Month to month, 398 permits were issued in March compared to 328 in February, a 21 percent increase.

“The broader metro area is experiencing a bit of an awakening coming out of 2023’s difficult interest rate environment,” said Will Ruder, executive vice president of the KCHBA. “The exception to this permitting resurgence, however, is Kansas City, Mo. As cities and counties across the metro benefit from additional housing supply, Kansas City, Mo is on the outside looking in. Elements of the City Council, led by Councilmembers Wes Rogers (2nd In-District) and Melissa Patterson-Hazley (3rd District At-Large) have introduced an ordinance to jumpstart permitting and address critical housing supply needs in the city. We are hopeful that the City Council acts thoughtfully but with a sense of urgency to enact meaningful legislation to provide a path for new housing options in every corner of the city.”

The top five permitting cities in March were Lee’s Summit (44), Olathe (40), Kansas City, Mo., (38), Raymore (36) and Overland Park (30).

Click here to view the March 2024 Residential Statistics Report.