Home > Press Room > Permit Report - September 2002
 

 

October 18, 2002
FOR IMMEDIATE RELEASE
CONTACT TIM R. UNDERWOOD
Executive Vice President
Home Builders Association

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.

 

September Permit Reports

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.

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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HOME BUILDERS ASSOCIATION OF GREATER KANSAS CITY
600 East 103rd Street  ·  Kansas City, Missouri 64131-4300
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