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Permit Reports
February’s
Wintry Storms Spell Small Dip in
Local New Home Permits
Wintry weather in
February led to a slight slowdown
in single-family
new-home
permits in Kansas City, according to
statistics compiled by the Home Builders
Association of Greater Kansas City (HBA).
Local home builders pulled 683 single-family
construction permits last month, a 4
percent decline from last year. February’s
total, however, was less than 1 percent
off the five-year rolling average for
the month.
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February
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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A total 1,362 single-family
permits have been issued metrowide so
far this
year, just 2 percent off of last year’s
record-setting pace. January’s
permit totals were upwardly revised to
679 permits, tying a record for most
permits issued in the month of January.
February’s small dip in local
housing starts was expected due to winter
storms that swept through the metro early
in the month, according to HBA Executive
Vice President Tim Underwood. Underwood
also noted that the HBA’s monthly
Housing Market Index survey of builders
indicated a slight decline in permits
was likely, although overall home builder
confidence in the market remains strong.
“Last month’s permit activity
shows there is no slowdown in the demand
for new homes in metropolitan Kansas
City,” Underwood said. “With
mortgage rates dropping again during
the last few weeks, there are now more
opportunities for local families to make
the move to homeownership. Signs point
to the spring being a very good season
for both home builders and new-home buyers.”
Kansas City, Mo., remained
the top city in new-home construction
activity in
February with 201 permits issued. Overland
Park and Lee’s Summit tied for
second with 134 single-family permits,
followed by Olathe with 124. Rounding
out the top 10 were Independence 69;
Kansas City, Kan./Wyandotte County, 68;
Shawnee, 63; Grain Valley, 54; Raymore,
51; and Gardner, 43.
Local housing will
take center stage this through next Sunday
as the area
celebrates Greater Kansas City Housing
Week. A number of cities have issued
proclamations recognizing the vital role
housing plays in local communities and
special events are planned this week
to illustrate the value of housing and
spotlight challenges facing local housing
development. On Tuesday, former chief
executive of the National Association
of Home Builders Kent Colton will address
the Greater Kansas City Chamber of Commerce
Mid-Year Economic Breakfast. On Thursday,
the Greater Kansas City HOME SHOW, presented
by GMC, and Flower, Lawn & Garden
Show opens at Bartle Hall including Lofty
Living, a display showcasing downtown
urban lofts. On Friday at the HOME SHOW,
John McIlwain of the Urban Land Institute
will headline a forum addressing challenges
in providing workforce housing. For more
information on Greater Kansas City Housing
Week, visit www.kchba.org.
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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