Single-Family Permits Rebound (October 2019)
The number of single-family housing permits issued in October in the Kansas City metro increased from the prior month and showed more activity than October 2018, according to the monthly Residential Building Permit Statistics report compiled by the Home Builders Association of Greater Kansas City. The organization reported a total of 492 single-family homes permitted in October 2019, resulting in a 20 percent increase compared to the 396 permitted in September 2019.
October’s 492 single-family permits is also a slight increase from October 2018 when 485 permits were issued. Year to date, however, single-family permits are still down 23 percent compared to this time last year.
Click here for the October 2019 Residential Statistics Permit report.
“Similar to the Kansas City region, national permit numbers also increased in October,” said KCHBA Executive Vice President Will Ruder. “This is likely attributable to a number of factors including a prolonged low-interest rate environment and the consumer demand associated with it.”
The top five permitting cities in October 2019 were Kansas City, Mo., (71); Olathe, Kan., (66); Blue Springs, Mo., (38); Overland Park, Kan., (31); and Lee’s Summit, Mo., (29).