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Permit Reports
Metro New-Home
Construction Sets November Records
Single-family new-home
construction established a new
record for the month of November
with 806 permits issue in metropolitan
Kansas City, according to statistics
compiled by the Home Builders Association
of Greater Kansas City (HBA). November’s
total was up 5 percent from November
2003 and eclipsed the previous
best for the month of 802 permits
posted in November 2002.
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November
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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New-home permit activity
is up 1 percent for the year-to-date,
finishing November at 10,097 single-family
permits. That marks the third straight
year and the fourth time in the last
six years the metropolitan area has reached
the 10,000-permit plateau. This year
also marks the first time the metro area
reached 10,000 single-family permits
by the end of November. A total of 9,989
permits were issued during the first
11 months of 2003, the previous record
for permits issued by the end of November.
Last
month’s strong numbers suggest
the pre-election jitters home builders
displayed in October were left quickly
behind, according to HBA Executive Vice
President Tim Underwood. October’s
permit totals were down 11 percent from
last year.
“I think November’s record
numbers show the local construction market
remains very strong,” Underwood
said. “We continue to see a growing
demand for more housing choices throughout
metropolitan Kansas City, and home builders
are responding to that demand. We anticipate
the local market will finish 2004 in
record territory and the prospects are
good for the start of 2005.”
The fastest
growth in new-home construction continues
to occur primarily in locations
further from the urban center where
home prices are generally lower and more
accessible
for the majority of Kansas City homebuyers.
Among cities issuing more than 100
single-family permits, the municipalities
posting the
largest percentage gains are Louisburg
(712 percent), Leavenworth (53 percent),
Blue Springs (49 percent), Belton (47
percent) and Gardner (39 percent).
“I think this should serve as
a reminder that the ability to provide
housing choices for first-time homebuyers
is essential to vibrant, growing communities,” Underwood
said.
Kansas City, Mo., remained
the top city in new-home construction
activity
through
November with 1,656 single-family permits
issued year to date. Olathe ranked second
with 921 permits followed by Lee’s
Summit with 838 and Overland Park with
782. Rounding out the top 10 were Kansas
City, Kan./Wyandotte County, 447; Shawnee,
411; Independence, 404; Raymore, 402;
Gardner, 377; and Lenexa, 355.
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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