Single Family Housing Finishes 2015 with 10 Percent Gain Over 2014 (Dec. 2015)
A busy December added 432 single family permits in the eight county metro area according to the Home Builders Association of Greater Kansas City’s (HBA) monthly Residential Building Permit Statistics report. The year ended with 4,700 single family permits compared to 4,271 in 2014. Including multi-family units, the total for 2015 was 8,695 compared to 8,181 in 2014 for an overall 7 percent increase. Click here to view the residential statistics report.
Kansas City mirror the national rate of increase in building activity. “The gradual increase in housing production for 2015 mirrors our forecast and sets the stage for continued growth in 2016,” said NAHB Chief Economist David Crowe. “Strong job growth, rising consumer confidence and pent-up demand will keep housing on an upward trend.”
Kansas City issued the most single family permits during 2015 with 949 in Jackson, Clay and Platte counties. This is a 13% increase in building permit activity in Kansas City. Olathe at 516 single family units, Overland Park with 381, Lee’s Summit’s with 321 and Lenexa’s total of 247 rounded out the top five cities. Two cities that were not in the top ten busiest list in 2014 joined the 2015 list – Raymore with 141 permits and Grain Valley with 136.
The Kansas counties of Johnson, Wyandotte, Leavenworth and Miami accounted for 2,076 (44%) of the total while the Missouri counties of Clay, Platte, Jackson, and Cass issued 2,624 (56%) of the total single family permits. In multi-family activity, Missouri counties permitted 2,311 new units and Kansas had 1,684 new apartment units during 2015.