In addition to rising home prices, the number of new home starts remains encouraging. According to reports, homebuilding activity, reached its highest level for October in seven years. The Home Builders Association of Greater Kansas City said 465 permits for single-family home construction were issued in the record setting month.
Longstanding development constraints have kept Ventura County from over-development. Amid the slow growth, land values in the submarkets are holding steady and homebuilders and developers are taking another glance at opportunities in the area as the macroeconomic environment improves.
Beige Book report: kansas city. june 14, 2000. The Tenth District economy showed some signs of cooling in May but remained generally solid. Retail sales were flat, factory activity edged down from high levels earlier in the year, and residential construction slowed following recent interest rate increases.
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September Permit Activity Up for KC Metro Area. Single family and multi-family permits in the Greater Kansas City area increased at the end of the third quarter with 226 total units posted according to the September 2011 report of the Home Builders Association of Greater Kansas City.
On the contrary, they said that the activity of luxury spec builders in the area and the big ticket sales of the past few quarters signal a healthy market that’s keeping a steady. holding $95.
Even so, homebuilding activity remained severely depressed, 91 of the top 100 metropolitan areas reporting increases in sin-. along with steady job gains,
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Homebuilding activity in the. & Bologna’s 2001 Detroit Apartment Market Report also showed vacancies in the metropolitan area holding steady in the 3.
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