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Permit Reports
Consistent
Housing Permit Numbers Good Sign
for Economy
Single-family
permit activity in the Greater Kansas
City area during October remained
virtually unchanged compared to
activity during the same period
last year. A total of 669 single-family
permits were issued last month,
down only 13 permits from October
2000, according to figures compiled
by the Home Builders Association
of Greater Kansas City (HBA).
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October
Permit Reports
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Residential
Building Permit Statistics
- Excel
| PDF
Single-family
Detached Residential Building
Permits Report - Excel
| PDF
Permit information
is compiled by the Home Builders
Association
of Greater Kansas City.
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For the year to date,
7,254 single-family permits have been
issued, down just 1 percent from the 7,334
for the same period last year. These numbers
show that while the economy remains volatile,
consumer demand for new homes remains
strong, said Tim Underwood, HBA executive
vice president.
“The steady pace of the
home-building market is a good sign for
the local economy,” Underwood said. “It
shows that lower interest rates are working,
allowing consumers to continuing buying
new homes despite some uncertainty in
the overall economy.”
The Kansas City housing
market also compares favorably to the
national average. Housing permits nationwide
during October fell 3.6 percent to the
lowest rate since 1997.
Olathe continues to lead
the metropolitan area in single-family
permit activity with 1,147 permits issued
through September. Kansas City, Mo., is
second with 992 permits, followed by Overland
Park with 711 permits and Lee’s Summit
with 628.
Rounding out the top-permitting
cities for the year-to-date are Shawnee,
404; Lenexa, 262; Blue Springs, 245; Independence
and Raymore, 228; and Leawood, 221.
The Home Builders Association
of Greater Kansas City (HBA) is the voice
of the housing industry and the source
for housing information. Comprising more
than 1,000 member companies, the HBA represents
an industry that contributes more than
$2.5 billion to the Kansas City economy
and supports more than 36,000 jobs in
the Greater Kansas City metropolitan area.
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