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Business & Tech
Thu January 17, 2013
Kansas City Metro Home Builders Encouraged By 2012 Permit Performance
Housing construction permits in the metro area shot up markedly last year, according to figures from the Home Builders Association of Greater Kansas City.
Building permits rose to highest level since 2007.
Statistics cited by the Association indicate residential building permits were 43 percent higher in 2012 than in 2011.
To Sara Corless, Executive Vice President of the builders’ group, it represents what “seems to be a turning point to a modest recovery for the housing market.”
Data from the association showed Kansas City, Missouri leading the metropolitan area with 998 residential units. Of those, 611 were single family, 387 multi-family.
Overland Park was second with 583 constructions of which 353 were single family.
Olathe trailed with 457 of the single family variety.
County by county, Johnson in Kansas had the largest growth at 37 percent. Jackson in Missouri showed 19 percent growth.
Clay and Platte each tallied 13 percent home building growth.
Wyandotte, Kansas was 10 percent.
Corless cited association figures to show the years 2009 through 2011 were the lowest in thirty years.