Residential Construction Activity Holding Steady

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WASHINGTON, D.C. – September 4, 2015 – (RealEstateRama) — In cities across the Greater Kansas City Metropolitan Area, housing production during 2015 continues to experience slow but steady growth, according to the Home Builders Association of Greater Kansas City’s (HBA) monthly Residential Building Permit Statistics report. July activity totaled 398 single family permits—a slight decrease from June’s total but 23 more than in July 2014. Year to date total single family permits of 2546 are the highest since 2007 but just slightly higher than 2014’s year to date report of 2428. Though multi-family permit activity has slowed somewhat, 2015 remains one of busiest permitting years in recent times, with 1845 units to date.

“Builders say the 2015 summer building and sales activity has been hotter than any time in the past 5 years,” said Executive Vice President Sara Corless, “while weather and lack of labor continue to frustrate builders and subcontractors working to put up more product and complete custom building projects. It’s good to see the solid pace of buyers returning to the market as we head into fall.”

Johnson County has the highest number of single family permits this year with 882; this is a 7% decrease from its count of 952 at the same time in 2014. Clay County has the second highest number with 520 permits, followed by Jackson County with 515, and Platte County with 233. Kansas City remains the highest permitting city with 546 permits in Clay, Platte and Jackson combined counties. Olathe is the second highest permitting city with 280, followed by Overland Park at 239, Lee’s Summit at 191 and Lenexa at 131.

Click here to view the July 2015 Residential Permit Statistics Report.

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