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Permit Reports
Single-Family
Permits Up Strongly In September
Single-family home-building
permit activity jumped more than
30 percent last month versus September
2001, according to figures compiled
by the Home Builders Association
of Greater Kansas City (HBA). The
number of single-family permits
issued year-to-date is up 13 percent
as low mortgage rates continue to
fuel the local home-building market.
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September
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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Kansas
City home builders pulled 820 single-family
building permits last month compared to
620 permits pulled in September 2001.
A total of 7,452 single-family permits
have been issued this year compared to
6,591 during the first nine months of
2001.
The gain in single-family
permit activity is driven by double-digit
growth in every metropolitan county except
Johnson County where permits are down
5 percent year-to-date. Clay and Jackson
counties have made the largest gains in
market share this year thanks in large
part to a greater availability of home
sites and more broad housing choices,
particularly for first-time homebuyers.
The across-the-board increases
in permit numbers illustrate that both
home builders and new home buyers remain
optimistic about housing, said Tim Underwood,
HBA Executive Vice President.
"The permit activity
shows that builders believe the market
remains strong," Underwood said.
"They will be keeping a close eye
on the economy heading into 2003. The
increase in activity means that we now
have more homes in the construction pipeline.
We will need to wait and see if the market
continues to respond favorable and if
mortgage rates remain low."
Kansas City, Mo., remained
the top-permitting city year-to-date with
1,123 permits issued through August. Olathe
is second with 936, followed by Lee's
Summit with 657.
Rounding out the top-permitting
cities for the month are Overland Park,
575; Shawnee, 334; Independence, 290;
Lenexa, 257; Raymore, 239; Leawood, 218
and Wyandotte County/Kansas City, Kan.,
212.
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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